Saudi Arabia's sovereign wealth fund in Q3 cut its stake in FedEx (FDX), while boosting its position in Prologis (PLD). Read ...

The Public Investment Fund of Saudi Arabia continues the recent trend of reducing its major stake in the Japanese gaming ...

Saudi Arabia’s wealth fund sold part of its stake in the kingdom’s main mobile-phone operator for about $1 billion, the ...

The Legend of Zelda, and other franchises were concerned, as it wasn’t clear what impact Saudi Arabia’s investment in ...

Saudi Arabia’s Public Investment Fund sold $1bn of shares in Saudi Telecom in an accelerated bookbuild on Wednesday evening.

Saudi Arabia replaced the executive that was overseeing its plan to build the $1.5 trillion futuristic development known as ...

Saudi Arabia 's £390billion mega-city faces fresh chaos as the boss of the flagship Neom project has reportedly been sacked.

The chief executive of Saudi Arabia’s futuristic planned city Neom abruptly ... Executives from the country’s ...

Saudi Arabia's Public Investment Fund (PIF) today announced the completion of the sale of part of its stake in the Saudi Telecom Company (stc) through an accelerated bookbuild offering. The offering ...

PIF maintains ownership of 3.1 billion shares, equivalent to 62 percent of stc's issued share capital, following the transaction ...

Klaus Kleinfeld, former CEO of Siemens and Alcoa, was the first head of Neom but was soon replaced by Nasr, who had a reputation for quick delivery of major infrastructure projects while at energy ...