Saudi Arabia sovereign fund exits Walmart, buys DoorDash, doubles Amazon among Q4 moves
Saudi Arabia's PIF exited Walmart (WMT), took in DoorDash (DASH), and more than doubled Amazon (AMZN) in Q4 2024. Read more ...
TikTok’s CEO, Saudi wealth fund manager may see Trump at Florida tech summit. What we know
Reuters reported President Trump will attend an upcoming summit next week in Florida, alongside TikTok's CEO. Here's what to ...
Saudi Crown Prince, Russia's Wealth Fund Chief Were Involved in US Prisoner Release, Source Says
MOSCOW (Reuters) - Saudi Crown Prince Mohammed bin Salman and Russia's sovereign wealth fund chief Kirill Dmitriev were ...
What is a sovereign wealth fund? Explaining Trump’s executive order.
President Donald Trump’s executive order to create a plan for a U.S. sovereign wealth fund would follow those of Norway, ...
Trump orders creation of US sovereign wealth fund, says it could own part of TikTok
President Donald Trump on Monday signed an executive order directing the U.S. to take steps to start developing a ...
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Saudi investment funds: New possibilities explored
Saudi Arabia is set to introduce new regulations for investment funds in the country. The Capital Market Authority (CMA) in Saudi Arabia has initiated a public consultation regarding proposed ...
Report: PIF’s LIV Golf investment nearing $5B as losses mount
Financial filings from LIV Golf's United Kingdom arm showed that revenues increased in 2023, the league's first full season, ...
Nine Guiding Principles For A U.S. Sovereign Wealth Fund
The Treasury and Commerce Departments are drafting a plan detailing how a federal sovereign wealth fund might be structured, ...