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Saudi news

The Public Investment Fund acquires 30% of Saudi Tabreed.

The UAE’s National Central Cooling Company – “Tabreed” said that the Saudi Public Investment Fund recently acquired a 30% stake…

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Economy

Russia to spend $55bn from rainy-day fund to cover 2022 budget gap

Follow-ups -eshrag News: Wed, 2022-09-28 16:55 MOSCOW: Russia plans to spend 3.19 trillion roubles ($54.62 billion) from its National Wealth Fund this…

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Economy

Saudi Arabia’s wealth fund hires banks for debut green bonds, shows document

Follow-ups -eshrag News: Tue, 2022-09-27 16:12 DUBAI: Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, has hired a large…

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Economy

Riyad REIT Fund invests $17m in private real estate fund

Follow-ups -eshrag News: Tue, 2022-09-27 16:47 RIYADH: Riyad REIT Fund has invested SR62 million ($17 million) in a private closed-end…

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Economy

Saudi Arabia agrees to fund $63m Senegal road project

Follow-ups -eshrag News: RIYADH: The US Federal Reserve’s most aggressive interest hikes since the 1980s have pulled several currencies across…

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Economy

Saudi tourism fund signs MoU to promote entrepreneurial talent

Follow-ups -eshrag News: Vision 2030 policies ensure Saudi Arabia will become 60% more resilient to oil shocks by 2030: KAPSARC…

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Economy

EBRD to help fund transition from gas to wind power in Egypt

Follow-ups -eshrag News: Saudi International Iron & Steel Conference kicks off on Sept. 12 with regional and global participation RIYADH:…

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Economy

A private equity fund to incubate business ideas in school

Follow-ups -eshrag News: RIYADH: Water desalination in Saudi Arabia has doubled over the past decade to reach 2.2 billion cubic meters…

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Economy

Saudi wealth fund to issue green bonds as soon as next week: Reuters

Follow-ups -eshrag News: LONDON: Russia warned the West on Friday that plans to try to cap the price of Russia’s…

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Economy

Egypt launches new fund to prepare government companies for IPOs

Follow-ups -eshrag News: RIYADH: Saudi stocks finished Monday’s session in the red as the Organization of the Petroleum Exporting Countries and its…

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