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Tags :Sovereign wealth fund

Saudi Arabia’s PIF acquires 9.5% stake in Skyborn Renewables

Global Business Magazine December 13, 2022

Saudi Arabia’s Sovereign Wealth Fund - Public Investment Fund (PIF) – has acquired up to 9.5% of Bremen-based Skyborn Renewables GmbH in Germany, Read More

Finance Featured News Regional

Saudi wealth fund to invest in mountainous Aseer region

Global Business Magazine December 5, 2022

The Public Investment Fund (PIF), Saudi Arabia’s Sovereign Wealth Fund, has announced the establishment of Aseer Investment Company (AIC) to operate Read More

Finance Featured News Regional

DEWA to commence trading of its shares from tomorrow

Global Business Magazine April 12, 2022

Dubai Electricity and Water Authority (DEWA) will start trading of its shares tomorrow (April 12), amid huge expectations from both domestic as well Read More

Business Featured News Regional

UAE Ranked Third Globally In Agility Emerging Markets Logistics Index

Global Business Magazine February 10, 2022

The United Arab Emirates (UAE) has been ranked first in the MENA region and third globally for its performance in both the Read More

Business News Regional

ADQ-backed Abu Dhabi’s AD Ports raises $1 billion before market

Global Business Magazine February 7, 2022

Abu Dhabi's AD Ports Group, owned by sovereign wealth fund ADQ, said it raised 4 billion dirhams ($1.1 billion) in proceeds from its primary Read More