Elm said it would fund the transaction through its own resources and facilities. PIF, as the Saudi fund is known, owns a 67% stake in Elm after it sold shares in the company to the public in 2022.

Saudi Arabia’s sovereign wealth fund is selling a technology services firm for 3.4 billion riyals ($907 million), boosting its coffers as it prepares to ramp up local spending. The Public ...

When the Premier League’s lawyers finally approved PIF’s takeover of Newcastle United, it marked the start of a new era not just on Tyneside but in world football. Since establishing their enclave of ...

ภาพหลุด BYD ATTO 3 ปรับโฉมไมเนอร์เชนจ์ก่อนขายจริงปี 2568 นี้ เน้นดีไซน์ภายนอกทันสมัยมากขึ้น ขณะที่ ...

St James’ Park was previously used as an advertising vehicle for former owner Mike Ashley’s Sports Direct business-though PIF’s first foray into advertising at Newcastle’s stadium was far ...

เปิดเผยว่า “ไมเดียมุ่งตอบโจทย์ความต้องการของผู้บริโภคและตอกย้ำความเป็นผู้นำด้าน ...

Saudi Arabia’s Public Investment Fund (PIF) is reportedly close to agreeing a $1 billion (€0.97bn) acquisition of a 10 per cent stake in sports streaming platform DAZN. A deal could be announced as ...

Newcastle United's majority owners, the Saudi Arabian Public Investment Fund (PIF), are reportedly nearing a $1billion (around £818m) acquisition of a minority stake in sport streaming platform DAZN.

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has completed the acquisition of a 23.08 per cent stake in Saudi Reinsurance Company (Saudi Re), a deal that is set to ...

Saudi Arabia’s Public Investment Fund (PIF) has acquired a 23.08% stake in Saudi Reinsurance Company (Saudi Re), which is in line with a strategy to strengthen the country’s insurance sector. The ...

Saudi Arabia’s Public Investment Fund (PIF) has completed the acquisition of a 23.08% stake in Saudi Reinsurance Company (Saudi Re). The investment is aimed at expanding Saudi Re’s domestic ...