LAS VEGAS (AP) — Saudi Arabia’s most recent venture into the global sports scene — purchasing a stake in the Professional Fighters League — is yet another example of the…
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Saudi Arabia
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InvestmentInvestorsMarketNewsSaudi Arabia
EFG Hermes Collaborates With the Saudi Exchange to Showcase Compelling Saudi Equities to Global Investors
Saudi Arabia – EFG Hermes, the leading investment bank franchise in Frontier and Emerging Markets (FEM), announces the commencement of its EFG Hermes Saudi Forum in London today. Under the…
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BusinessEconomyfinancialGlobal InvestmentsGlobal NewsInvestmentPolitical
Will Saudi Arabia Use Global Investments for Political Gain?
by Kane Guzmanby Kane GuzmanSaudi Arabia is using its oil wealth to invest huge sums in other countries, trying to diversify its own economy. Critics are concerned that all that financial power abroad could…
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EconomyfinancialInvestmentSaudi ArabiaTechnology
Saudi Venture Capital Launches $80m Saudi Fintech Fund
by Ryan Hughesby Ryan HughesCAIRO: Saudi Arabia’s booming fintech sector is set to be boosted by an $80 million investment fund launched by Saudi Venture Capital Co.. The ‘Investment in Fintech VC Fund’ was…
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BusinessEconomyfinancialSaudi Arabia
PIF-Backed Rakiza Raises $1bn to Invest in Oman and Saudi Arabia
by Ryan Hughesby Ryan HughesPublic Investment Fund-backed Rakiza has raised $1 billion to invest in three projects in Oman and is close to signing off on several deals in the Kingdom, according to a…
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AsiaBusinessEconomyFeaturedGlobal NewsInvestmentMiddle EastNews
Saudi Arabia’s PIF considers Jordan transport and logistics deals in $24bn investment push
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, is considering investments in Jordan’s large-scale infrastructure projects as part of its $24 billion Mena investment push, Jordan’s finance minister has said. It is currently exploring…
