Ben Stokes was unveiled as one of the athletes backing a new venture capital firm allowing sports stars to invest in consumer-facing startups
The investment reinforces Jada’s commitment to supporting small and midsize enterprises in Saudi Arabia
The decline in July was the biggest since the government transferred $40bn to its wealth fund from the central bank to invest abroad
The jet lessor will acquire a portfolio of 100 narrowbody aircraft and become a servicer for another 22 jets
The offering will consist of 338.7 million shares, which will include the issuance of 237.1 million new shares through a capital increase
The kingdom in June sold more than $3bn in US government debt, offloading the securities for a third consecutive month
Kayanee will adopt a female-focused approach to all its services, prioritising mental, physical and social health to create a vibrant society
SRJ Sports Investments will invest in businesses specialised in offering unique fan engagement activities and transformative sports technology
The new company will invest in new tourism projects and develop attractive destinations in cities across the kingdom
The French striker has yet to make any decision on his next club, with only one year left on his contract at Paris-Saint Germain
The company will partner with players in the private sector to boost the production capacity of the camel dairy industry
Sovereign wealth funds in the GCC region continue to increase in number, size, variety and scope
The PIF is in the midst of a global investment spree after it was transformed from a domestically-focused holding company into a sovereign fund in 2016
We explore how the region is embracing esports and gaming as a significant cultural and economic force
Riyadh Air will join the global aviation sector with “RX” as its Airline Designator Code which was approved by the International Air Transport Association
The Ballon d’Or winner was with Real Madrid for 14-years before agreeing to move to the Saudi Pro League club on an initial three-year contract
The project seeks to raise Saudi Pro League’s commercial revenues from SAR450m in 2022 to over SAR1.8bn annually
This is the sixth tranche under SRC’s upsized SAR20bn sukuk programme
The new solar projects, which will be jointly owned with ACWA and PIF’s Badeel, will have a combined production capacity of 4.55 GWac
Moody’s Investor Services affirmed Saudi Real Estate Refinance Company’s ‘A2’ long-term issuer ratings and upgraded its outlooks to ‘positive’
Spanning over 10,000 square metres, the indoor entertainment centre will open at Al Hamra district of Riyadh
The Public Investment Fund owns 8.3 per cent of the Kyoto-based company, according to its latest filing
The transactions are part of the fund’s strategy to enable the kingdom’s strategic sectors
Saudi Tabreed currently manages 779,000 tonnes of refrigeration (TR) via contracts with major companies in Saudi Arabia
The fund will allocate an amount equalling the net proceeds of the issuance to fund eligible green projects in line with its Green Finance Framework
The first farm, to be built in Saudi Arabia, will have an annual production capacity of up to 1.1 million kgs of crops
The sovereign wealth fund’s other giga projects include NEOM, Red Sea, Qiddiya and Roshn
The new investment arm will attract local and foreign direct investment to develop the Aseer region
Public Investment Fund raised the seven-year loan from a syndicate of 25 banks in Europe, the US, the Middle East and Asia
Construction on the site, which is near a major Red Sea trading port, will start early next year