Public Investment Fund

  • SABIC Posts $1.6B Q3 Net Profit

    SABIC Posts $1.6B Q3 Net Profit

    Monday, 29th October 2018

    Saudi Basic Industries Corp (SABIC) has announced a net profit of $1.6 billion in Q3 2018 on the back of rising average prices and sales.

  • Saudi Sovereign Fund Borrows $11B Following Aramco IPO Delay

    Saudi Sovereign Fund Borrows $11B Following Aramco IPO Delay

    Monday, 27th August 2018

    Saudi Arabia's sovereign wealth fund has borrowed $11 billion from international banks after plans for an initial public offering (IPO) of state-owned oil firm Saudi Aramco were delayed indefinitely.

  • Saudi Fund May Raise $106b From Aramco Stake Sale

    Saudi Fund May Raise $106b From Aramco Stake Sale

    Sunday, 10th April 2016
    Saudi Arabia’s sovereign wealth fund could receive $106b in cash from the sale to the public of a 5% stake in oil giant Aramco’s parent company, according to the Sovereign Wealth Fund Institute.