KSA: PIF to invest $500m to acquire ‘10 per cent’ of Hollywood agency

Saudi Arabia’s gigantic Public Investment Fund (PIF) is eyeing 5 to 10 per cent of stakes in Endeavor, the holding managing Hollywood talent agency WME, for an investment to exceed $500 million in the end, reports say. According to Bloomberg, Read more

KSA Ventures into Technology with Multibillion Dollar Investment

Saudi Arabia and Softbank Group Corp (SBG) have signed a Memorandum of Understanding, under which the oil rich kingdom will be a primary investor in its Softbank Vision Fund, to be dedicated to investments in the technology sector. The investment Read more