RIYADH: Saudi Aramco’s blockbuster listing remained shrouded in mystery Monday, a day after the firm finally announced its plans, with scant details...
RIYADH: Saudi Arabia’s Public Investment Fund risks being pulled deeper into Crown Prince Mohammad bin Salman’s domestic projects, curbing its...
LONDON/DUBAI: Saudi Arabia’s inclusion in major emerging markets stock indexes from Monday is likely to suck in around $20 billion in passive inflows,...
NEW YORK/DUBAI: Saudi Arabia’s sovereign wealth fund, PIF, is exploring the acquisition of up to a $700 million stake in Legendary Entertainment, the U.S....
DUBAI/LONDON: Investment banks which lost out on big payouts for the work on the shelved listing of oil giant Aramco are lining up for a raft of other...
DUBAI/RIYADH/LONDON: Saudi Arabia’s Public Investment Fund has shown no interest so far in financing Tesla Inc. CEO Elon Musk’s proposed $72 billion deal to...
DUBAI: Dubai-based private equity firm Abraaj Group has hired global auditing firm KPMG to look into the finances of its health care fund after a reported...
DUBAI/RIYADH: Saudi Arabia’s $300 billion privatization program was billed as the sale of the century when Crown Prince Mohammad bin Salman unveiled his plan...
DUBAI/ZURICH: Saudi Arabia has announced it will confiscate money and assets held by dozens of top officials and businessmen detained in an anti-corruption...
RIYADH/DUBAI: Saudi Arabia’s central bank is preparing tougher rules for insurance companies as part of a drive to create a smaller number of stronger market...
DUBAI: Air travel across the Gulf region and beyond faces major disruption following the move by Saudi Arabia, Egypt, the United Arab Emirates and Bahrain to...
DUBAI: One of the world’s largest privatization programs is drawing foreign investment banks and private equity firms to Saudi Arabia, despite the prospect of...
DUBAI: The private banking arm of Singapore’s second-biggest lender OCBC is targeting annual growth of assets of more than 20 percent from its new office in...
SINGAPORE/TOKYO: HSBC, Europe’s biggest bank, is selling its private bank in Japan to Swiss peer Credit Suisse for an undisclosed sum, part of a...
ISLAMABAD: Pakistan’s most influential Islamist party urged its followers to hold mass protests Friday to demand their government withdraw its support of the...