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%.

Want to read more?

Subscribe to Gulf States Newsletter

View subscription options

This article is available to registered users


Join our community

Sign up for an account to gain:

  • Set up news alerts on the countries and sectors that matter to you.
  • Free access to newsletter articles under 100 words.
  • Free access to GSN View articles articles.

View a selection of Free articles

Explore subscription options

Follow us on Google News