May 15, 2026
Trending now

South Korea ICT exports hit $42.7 billion in April

India unveils sovereign-backed maritime insurance pool

EMSTEEL Q1 net profit jumps as margins widen

Pakistan suicide bombing kills 10 in Lakki Marwat

ADNOC Gas posts resilient Q1 profit despite disruption

Elixir Technologies Unveils Elixir Muse: The AI Writing Assistant Built for Total Data Privacy

Dubai Health and AGFA HealthCare Mark 20 Years of Collaboration Supporting Dubai’s Healthcare System

Measles outbreak in Bangladesh leaves toll at 415

Mayon eruption widens farm toll as crop checks continue

ADB commits $30 billion for ASEAN by 2030

Tag : PIF

Business

Saudi wealth fund PIF purchases Alphabet, Zoom, and Microsoft shares

omandailynews.com
A broad selection of US stocks was purchased by Saudi Arabia’s Public Investment Fund (PIF), bringing its investment portfolio’s value to about $40.8 billion at the end of the second quarter. According to a US Securities and Exchange Commission filing, the PIF acquired 213,000 class A shares in Alphabet, 4.7......
Business

Saudi-Egyptian Investment Co. invests $1.3 billion in four Egyptian companies

omandailynews.com
Egypt’s planning ministry announced on Wednesday that the Saudi Egyptian Investment Company (SEIC), established by the Saudi Arabian Public Investment Fund (PIF), has purchased minority stakes in four Egyptian companies valued at approximately $1.3 billion. Among these four companies are Abu Qir Fertilizers and Chemical Industries ABUK.CA, Misr Fertilizers Production......