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Oman wealth fund buys stake in Musk's AI company

In a major move, the Oman Investment Authority (OIA) has acquired a key stake in XAI, an US company owned by celebrity billionaire Eleon Musk which specialises in artificial intelligence (AI) technology, as part of its global expansion strateg

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Oman wealth fund buys stake in Musk's AI company

In a major move, the Oman Investment Authority (OIA) has acquired a key stake in XAI, an US company owned by celebrity billionaire Eleon Musk which specialises in artificial intelligence (AI) technology, as part of its global expansion strateg

More…

Oman wealth fund buys stake in Musk's AI company

In a major move, the Oman Investment Authority (OIA) has acquired a key stake in XAI, an US company owned by celebrity billionaire Eleon Musk which specialises in artificial intelligence (AI) technology, as part of its global expansion strateg

More…

PIF unit in deal to develop top-class Saudi tourism destination

Aseer Investment Company, a subsidiary of Saudi sovereign wealth fund PIF, has announced the establishment of a new holding company in partnership with Rikaz, a key real estate developer in the kingdom.    T

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PIF unit in deal to develop top-class Saudi tourism destination

Aseer Investment Company, a subsidiary of Saudi sovereign wealth fund PIF, has announced the establishment of a new holding company in partnership with Rikaz, a key real estate developer in the kingdom.    T

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PIF unit seals partnership with Saudi mortgage firm Damanat

The Saudi Real Estate Refinance Company, a unit of Saudi wealth fund PIF (Public Investment Fund), has signed an MoU with the Saudi Mortgage Guarantees Services Company (Damanat) for guaranteeing the residential mortgage portfolios owned by SR

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PIF unit seals partnership with Saudi mortgage firm Damanat

The Saudi Real Estate Refinance Company, a unit of Saudi wealth fund PIF (Public Investment Fund), has signed an MoU with the Saudi Mortgage Guarantees Services Company (Damanat) for guaranteeing the residential mortgage portfolios owned by SR

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Saudi PIF’s assets under management hit $925bn in July

Saudi sovereign wealth fund PIF (Public Investment Fund) has reported a 29% increase in its assets under management (AuM) in its annual report for 2023, thus showcasing robust financial performance and a commitment to transparency and good gov

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Saudi PIF’s assets under management hit $925bn in July

Saudi sovereign wealth fund PIF (Public Investment Fund) has reported a 29% increase in its assets under management (AuM) in its annual report for 2023, thus showcasing robust financial performance and a commitment to transparency and good gov

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Mumtalakat unveils new board for Gulf Air Group

Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, announced today (August 18) a new board of directors for local portfolio company Gulf Air Group Holding under the chairmanship of Khalid Huss

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