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Saudi's PIF Ditches Blue-chip Stocks, Adds ETFs

Middle East Business News - Published date: .

Kingdom transferred about $40bn to the PIF from its central bank in March and April to boost its financial fire power Read more

Saudi Wealth Fund Said To Take Stakes In European Oil Majors

Middle East Business News - Published date: .

Stakes in Equinor, Royal Dutch Shell, Total and Eni were bought by the Public Investment Fund on the open market in rece... Read more

Saudi Aramco Refinery JV Said To Hire Adviser On Funding

Middle East Business News - Published date: .

Sources say financing for the $5bn Amiral project is expected to be arranged from banks and export credit agencies Read more