The Saudi Public Investment Fund has postponed a potential sale of its remaining stake in Saudi Marafiq Company, after receiving weak demand from investors, according to people familiar with the matter. In recent weeks, the sovereign fund has held informal talks about raising up to $800 million from the sale of part of its 17.5% … Read more
The value of the Saudi Public Investment Fund’s investment portfolio in the US stock market increased by 9.6% by the end of the second quarter of this year, to reach $38.9 billion. According to the data of “13F” (13F), the Saudi sovereign fund exited from “Babylon Holdings” company, while its stake in the “Lucid” company … Read more
Despite the jump in revenues of the Saudi Public Investment Fund by more than 31% last year, it turned into a loss due to book losses in some of its investment activities of more than 41 billion riyals, under pressure from the decline in global stock prices. By the end of 2022, the revenues of … Read more