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Tennis icon John McEnroe doesn’t object to PIF’s tennis ambitions, but he doesn’t want an all-year season, either
The PIF wants to own a tennis event before the Australian Open in January
Dairy giant Almarai to invest SAR 18 bn under five-year strategic plan
The investments will be financed from the company’s operational cashflows
Real estate registry is coming to Riyadh
Registration begins 31 March and concludes on 4 July
PIF may tap the int’l debt markets more regularly, move ahead with IPOs as it looks ramp-up pace of investment
The fund’s liquid assets have dropped to USD 15 bn as of September
PIF ranks fifth globally in terms of AUM –SWF Institute
Plus: A new Riyadh-Shanghai air route is coming in April + Al Nassr is out of the Asian Champions League
Aramco’s net income is down, dividend is up — and its business outlook is still ambitious
PIF is set to receive some USD 5 bn in quarterly dividend payments from Aramco
PIF doubles up its stake in Aramco
Aramco offloads an 8% stake to the Public Investment Fund
E-commerce startup Salla raises USD 130 mn pre-IPO round
Investcorp made the investment in Salla through its USD 500 mn Saudi Pre-IPO Growth Fund
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