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Public Investment Fund

Public Investment Fund latest

Saudi Aramco Announces Intention for IPO Listing on Saudi Stock Exchange
November 3rd, 2019 - 11:00 GMT

Saudi Aramco Announces Intention for IPO Listing on Saudi Stock Exchange

Saudi Aramco, the world's largest oil exporter, said on Sunday that the company will launch its initial public offering (IPO) on the Saudi Stock Exchange (Tadawul). {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-c…","video_id":"cfa14622-73ab-415f-913f-905eb942a0b9","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"Top 10 Cities to Travel to in 2020"} Chairman of Saudi Aramco and governor of the Public Investment Fund, Yasser al-Rumayyan spoke in a conference on Sunday. “I am honored to announce the Saudi Aramco will become a listed company on the Saudi Stock ...
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King Salman. (AFP/ File photo)
August 27th, 2017 - 09:36 GMT

Saudi Arabia, China Announce $20 Billion Joint Investment Fund

The project aims to develop “exceptional resorts” on more than 50 natural islands in the Red Sea. (File photo)
August 1st, 2017 - 08:52 GMT

Saudi Arabia Unveils Plans for Maldives-Inspired, Massive Red Sea Tourism Project

U.S. Secretary of State Rex Tillerson shakes hands with Qatari Foreign Minister Sheikh Mohammed Bin Abdulrahman Al Thani prior to a scheduled meeting at the State Department | AFP
June 28th, 2017 - 07:30 GMT

MENA Update: Rex Tillerson Meets Qatari FM Amidst Saudi Hard Pivot to Washington

Saudi Arabia has plans for a free economic zone in Jeddah. (JEC)
June 14th, 2017 - 06:00 GMT

Saudi Arabia to Launch a New Free Economic Zone in Jeddah

The new entertainment city will contribute to diversify the sources of national income, boost Saudi economy and create more employment opportunities for young people. (AFP)
April 9th, 2017 - 07:30 GMT

Saudi Arabia gears up for giant entertainment city in tourism push

Theresa May, pictured left with Saudi Arabia's King Salman, during her two-day trip to Riyadh on April 4 2017. (AFP)
April 6th, 2017 - 11:23 GMT

Theresa May is trying to get Saudi Aramco's IPO to list in London instead of New York

The new partnership is an ambitious effort by SoftBank and its billionaire founder, Masayoshi Son, to expand the company’s footprint worldwide. (Twitter)
October 16th, 2016 - 09:30 GMT

Japan's SoftBank partners with Saudi Arabia to create $100B tech fund

The plan also aims to improve the quality of services provided by the government and achieve a prosperous and sustainable future. (File photo)
June 8th, 2016 - 07:00 GMT

Saudi's National Transformation plan: First details revealed

Some see the Saudi government’s investment in Uber as a direct attack on future reforms that might allow women the right to drive
June 7th, 2016 - 08:00 GMT

Uber to create 100,000 jobs in Saudi Arabia

Uber serves more than 450 cities in more than 70 countries, and has previously attracted investment from Qatar, whose sovereign wealth fund took a stake in the company in 2014. (File photo)
June 2nd, 2016 - 11:31 GMT

Uber gets a $3.5B Saudi injection

The sale of Saudi Aramco is planned as soon as 2017 or 2018 and would in theory be five times larger than any initial public offering (IPO) in history. (File photo)
May 10th, 2016 - 09:00 GMT

Saudi Aramco plans listing in London, Hong Kong, and New York

Vision 2030's emphasis on privatization of state assets is designed to help wean the economy away from oil dependency. (File photo)
April 26th, 2016 - 01:00 GMT

Saudi Vision 2030: A breakdown of the sweeping reforms

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