an enormous sovereign wealth fund — the Public Investment Fund of Saudi Arabia, or PIF — with about $400 billion in assets and expected to grow to $2 trillion, was the real draw for many of ...

Pakistan has signed an agreement with the Saudi Fund for Development to defer a $1.2 billion payment on the country's oil ...

Pakistan on Monday signed an agreement with the Saudi Fund for Development to defer by one year a $1.2 billion payment on the country's oil imports, the country's prime minister office said.

Energy Capital Group (ECG), a Saudi-based investment firm specialising in industrial services and global technologies, announced the successful closing of ECG2.0-Fund2, exceeding its initial ...

Saudi Arabia’s Public Investment Fund is nearing a $1bn acquisition of a small minority stake in sport streaming platform Dazn. Saudi Arabia’s Public Investment Fund is nearing a $1bn acquisition of a ...

Saudi Arabia’s sovereign wealth fund is selling a technology services firm for 3.4 billion riyals ($907 million), boosting its coffers as it prepares to ramp up local spending. The Public ...

Brent crude is trading around $76 a barrel, below Saudi Arabia’s required level of more than $90 per barrel to balance its budget in 2025, according to the International Monetary Fund.

The biennial talks have attempted to create strong global mandates on climate change, requiring nations to fund early warning ... At the talks on Saturday, Saudi Environment Minister Abdulrahman ...

The spotlight is also shining on Saudi Arabia because of sports and the kingdom’s winning bid to host the FIFA World Cup in ...