Thursday, November 23, 2017

Saudi wealth fund said to take over financial hub

Saudi wealth fund said to take over financial hub: The Public Investment Fund is taking control of the King Abdullah Financial District from the Public Pension Agency

Thursday, November 9, 2017

Mubadala signs deal with French firms to invest up to €1b

Mubadala signs deal with French firms to invest up to €1b: The investment to support the development of French enterprises as well as start-ups

Friday, October 27, 2017

Saudi Arabia to invest $1 billion in Virgin Galactic

Saudi Arabia to invest $1 billion in Virgin Galactic: Public Investment Fund of Saudi Arabia and Virgin Group said the money comes as part of a new partnership

Thursday, October 19, 2017

Saudi wealth fund widens economic role with mortgage company

Saudi wealth fund widens economic role with mortgage company: Saudi Real Estate Refinance aims to refinance 75b riyals in mortgages in five years and more than double that by 2026

Thursday, September 28, 2017

Mubadala Investment Company swings to profit in H1 2017

Mubadala Investment Company swings to profit in H1 2017: The company posted a profit of Dh4 2 billion in the first half of 2017 compared to a loss of Dh4 7 billion during the same period last year

Tuesday, September 26, 2017

Saturday, September 9, 2017

China deepens oil ties with Russia in $9b Rosneft deal

China deepens oil ties with Russia in $9b Rosneft deal: The deal sees Glencore Plc and Qatar s sovereign wealth fund selling most of their holding in Russia s biggest crude producer