SaeedAzhar
Stories by SaeedAzhar
S Arabia’s PIF eyes $700m stake in US studio Legendary Entertainment
Despite the hurdles presented by Khashoggi's killing, PIF believes Legendary's majority owner, China's Dalian Wanda Group, will be open to a deal.
SoftBank to hire Deutsche Bank to advise on Saudi power investments
SoftBank could consider purchasing a minority stake in Saudi Electricity from the Public Investment Fund (PIF) sovereign wealth fund.
Abu Dhabi fund Mubadala said to be in talks with banks to refinance loan
Mubadala is in talks with banks to refinance an existing $1.75 billion revolving loan due in May next year. The state investment fund had signed the o
Khashoggi crisis may test Saudi sovereign investor PIF’s global ambitions
A year ago the PIF was a rising star among state-backed funds. pouring billions into the SoftBank technology fund and the infrastructure vehicle Black
Saudi sovereign fund appoints ex-CEO of Dow Chemical as special adviser
His appointment comes as the PIF is negotiating the sale of its majority stake in Saudi Basic Industries to oil company Aramco.
Qatar’s sovereign wealth fund QIA raises stake in Credit Suisse to 5.21%
Bankers have said Qatar's stake in Credit Suisse might become an issue for the Swiss bank's plan to expand in Saudi Arabia, where it is seeking a full
Saudi Arabia’s PIF said to have evinced no interest in financing Tesla buyout
PIF's reluctance will add to the pressure on Musk to produce details of his financing plan.
TPG, KKR frontrunners to manage Abraaj’s healthcare fund
Abraaj’s healthcare fund has been at the centre of a dispute since investors such as the Bill & Melinda Gates Foundation and IFC began questioning A
PE firm Abraaj seeks deal on secured debt, Kuwaiti fund holds out
Most of the creditors have agreed to a standstill, which would see Abraaj's debt frozen for around 90 to 120 days, estimating the buyout firm's tota
Deloitte said to undertake review of Abraaj’s business, troubled fund
A Deloitte team, including specialists in forensic services, is working inside Abraaj's office to help the healthcare fund review its governance and c
