The Latest Breaking News from Daawat

Saudi PIF to Sell 10% Stake in Tadawul Group

Saudi Arabia's Public Investment Fund (PIF) is selling a 10% stake in Saudi Tadawul Group, the owner and operator of the Kingdom's stock exchange, via an accelerated book-build offering, Reuters quoted a regulatory filing on Thursday. PIF, a sovereign wealth fund with over $600 billion in assets, has hired HSBC…

Asharq Al-Awsat · Nov 11, 2022