Saudi Arabia's PIF cuts Tadawul stake

Issue 1158 - 19 Nov 2022 | 1 minute read

Saudi sovereign wealth fund the Public Investment Fund (PIF) has sold a 10% stake in local stock market operator the Saudi Tadawul Group to institutional investors for SR2.3bn ($613m), leaving it with 60%.

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Saudi Arabia's PIF cuts Tadawul stake

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This article is available to registered users

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Kuwaiti voters return a familiar parliament, as political deadlock endures

UAE’s Edge Group signs deal to build radar systems with Spain’s Indra

UAE’s pursuit of artificial intelligence throws up political challenges

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