Saudi Arabia and UAE plough billions into infrastructure but need more talent and start-ups
PIF-backed Humain courts US tech investors and plans $10bn venture fund
Riyadh’s latest multibillion-dollar push will bring new focus to Crown Prince Mohammed bin Salman’s tech ambitions
Businesses seek new revenue streams and brace for slowdown as lower crude weighs on government spending
London-centred firm to partner with bank owned by country’s Public Investment Fund
British-born executive was fired in April 2024 sparking claim seen as test case for kingdom’s reforms
US-based Niantic is selling its games business as part of a pivot to artificial intelligence
‘Friction and angst’ over Neom auditor preceded Public Investment Fund’s ban on Big Four firm
Gulf state aims to secure critical food supply chains and reduce reliance on imports
Demand by one of Signa Group’s largest creditors comes after property entrepreneur arrested for alleged embezzlement
Surj Sports Investment will take stake in DAZN and help fund a Middle East broadcasting joint venture
US organiser credits president with helping efforts to forge accord focused on rival LIV Golf series
UK prime minister is seeking billions of pounds of Gulf money to boost British growth
David Grover has brought a lawsuit in Riyadh against PIF-backed Roshn claiming bonuses and performance payments
Nadhmi al-Nasr leaves after six years in charge of $500bn desert development
A behind-the-scenes look at the work of Rutherford Hall, critical communications strategist
Choice of the kingdom highlights deepening financial ties between the two countries
Higher finance costs offset jump in sales at upmarket global department store group Cambridge Retail
Plus, why Topgolf is parting with its owner and HSBC‘s boss says it isn’t splitting up
Public Investment Fund will focus more of its financial firepower on domestic projects
Saudi-backed automaker hopes Gravity model will broaden its customer appeal and boost earnings
After eight years of whirlwind construction activity and unprecedented spending, the kingdom’s new watchword is prudence
Deal for stake in department store and property business across three countries follows collapse of Signa
EuroLeague is looking to sell minority holding worth €1bn, but PIF’s SURJ firm faces competition from BC Partners
The country’s wealth fund shifts its focus to domestic spending and away from foreign investments.
