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
The offering size was SAR2.3bn, making it the second largest accelerated bookbuild offering to ever take place in the Saudi market and the GCC region
The EV brand, Ceer, will attract over $150m of foreign direct investment, and create up to 30,000 direct and indirect jobs
The Public Investment Fund said it started the Regional Voluntary Carbon Market Company with Saudi Tadawul Group
The PIF made a non-binding offer to Saudi Telecom Co. for 51 per cent of Telecommunications Towers Company
The company aims to localise knowledge, technology and innovation for the development of halal products, including foods, cosmetics, and pharmaceuticals
The company aims to build a comprehensive real estate registration database, covering data of property units across the kingdom
The wealth fund is boosting its investments in equities as Saudi Arabia’s income from oil almost doubled in the second quarter
Shareholders include Bahrain’s sovereign wealth fund Mumtalakat, investment firm Ares Management Corporation and Saudi Arabia’s Public Investment Fund
Shihana Alazzaz has been named the first female Deputy Secretary General of the Saudi Cabinet
The company plans to issue 1.5 bonus shares for every existing share, through capitalising retained earnings
The Public Investment Fund’s Savvy Gaming Group will become the second largest owner in Embracer Group after acquiring almost 100 million shares
The Public Investment Fund signed a subscription agreement that would involve it buying 63 million newly issued shares
Saudi Arabia’s posted a $15.3bn budget surplus in the first quarter
The Public Investment Fund acquired a 16.9 per cent stake in Kingdom Holding Company
The filing shows the purchase was made for investment purposes