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GCC’s assets under management rose 9% y-o-y in 2024, with the UAE and KSA leading growth
Globally, the asset management industry’s total AUM hit USD 128 tn in 2024, up 12% y-o-y
PIF sells its stake in Meta, Shopify, PayPal, Alibaba, Nu Holdings, FedEx
The PIF’s US portfolio reached USD 23.8 bn at the end of the second quarter compared to USD 25.5 bn…
PIF portfolio return slips to 7.2% as AUM jumps 19% to SAR 3.4 tn
Saudi equity holdings accounted for 36% of AUM for the fund
Zamil Industrial Investment, Budget Saudi, L’azurde Jewelry, Smasco, and more report 2Q 2025 results
ZAMIL INDUSTRIAL INVESTMENT- Zamil Industrial Investment’s net income rose 314.5% y-o-y to SAR 25.3 mn in 2Q 2025 on the…
KSA lands Mastercard’s first Middle East Cyber Resilience hub
ALSO: Riyadh Air and Amadeus sign a global distribution pact
The Kingdom bets on Aseer’s cool peaks to lure tourists
Projects include the Seven Legends Resort
Tadawul underperforms in July amid tepid trading, soft listings
The banking sector accounted for 15.6% of total value traded on Tasi
Riyadh Air soon to fly? + Arab Investment Company is on “exit mode”
PLUS: Opec+ is meeting today, another production hike expected
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