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Aramco, Rongsheng Petrochemical look to invest in each other’s refining units
Aramco closed in last year the acquisition of a 10% stake in Rongsheng Petrochemical for USD 3.4 bn
The PIF had a really busy 1Q 2024 — here’s what you need to know
The PIF unseated Singapore's sovereign wealth fund as the world’s top sovereign fund last year
Is Ajlan & Bros eyeing a multi-bn USD investment in Egypt’s tourism industry?
The investment firm reportedly wants to launch 10 new hotels in the Red Sea
Some 300 UK companies are heading to Riaydh in May 2024 for a gov’t investment conference
Everything from renewables to AI, luxury goods, and education are on the agenda
A snapshot of how local investment funds fared in 2023
The number of open-ended funds in the Kingdom rose 16% y-o-y to 267 in 2023
PIF doubles down on Lucid with USD 1 bn investment
A share of the proceeds will finance Lucid’s capex and working capital
MBC Group snaps up a nearly 14% stake in Anghami ahead of OSN-Anghami merger
Anghami’s share price rose 74% since the transaction
Saic has SAR 500 mn to invest in listed equities
The firm currently has a SAR 1 portfolio of equity assets in Tadawul-listed companies
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