Wentworth Denies Rumor That Saudi Arabia's Public Investment Fund Is Trying to Buy It
Last week, DP World Tour player Eddie Pepperell appeared on the Chipping Forecast and said he believed that the Saudi Arabian ...
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Saudi PIF agrees to buy US$2bn stake in MBC Group
Saudi Arabia’s Public Investment Fund (PIF) has agreed to buy a 54 per cent stake in the Gulf state’s MBC Group media conglomerate for SAR 7.5 billion (US$2 billion).
Contraband Whiskey and a Secret Royal Dinner: Wall Street Goes to Riyadh
Are you an international business titan on the hunt for billions of dollars of Saudi oil cash? Prepare for “a mind game.” ...
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Saudi Arabia’s PIF to acquire 54% stake in MBC Group
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), is set to acquire a 54 per cent stake in MBC Group ...
Saudi megafund’s success rests on fuzzy local bets
Saudi Arabia’s main mission is to diversify its heavily oil-dependent economy. But that “Vision 2030” project is undergoing a ...
Why Lucid Stock Jumped Today
Shares of the electric vehicle company Lucid Group (NASDAQ: LCID) popped today after the company filed documents with the ...