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PIF swings to profitability in 2023 as revenues more than double -report
Plus: PIF and other regional funds accounted for more than half of the USD 96 bn that global SWFs invested…
Saudi Investment Bank says it is not in sale talks
Plus: Continuing run of good news for shareholders, Aramco announces new oil and gas discoveries
Tihama extends deadline to form Saudi JV with British advertising group WPP
PLUS: A subsidiary of Saudi Research and Media Group was awarded a three-year media contract worth SAR 240 mn annually
More investors, more AUM, and more VC funds: CMA’s highlights of 2023 in capital markets
CMA’s annual reports also shows that net proceeds from all offerings of equity and debt were down 71% year-on-year last…
FDI inflows up in 1Q 2024
Saudi is aiming to reel in USD 100 bn of foreign direct investment per year as part of Vision 2030
Aramco is closing in on 10% of Horse Powertrain
The transaction would see Renault and Geely each retain a 45% stake in the joint venture
TVM Capital Healthcare makes USD 35 mn investment in local pharma group Boston Oncology Arabia
TVM Capital Healthcare is set to help expand Boston Oncology Arabia’s access to international suppliers
Abdul Latif Jameel-backed EV maker Rivian to get USD 5 bn investment from Volkswagen
Both companies will use the tech from their JV to develop vehicles before 2030.
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