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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Former Iranian envoy to Kuwait sent to Riyadh

UAE: Foreign ministry name simplified

Manama returns ambassador to Beirut

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