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Kingdom Holding buys $400m stake in Musk's AI company

Kingdom Holding Company (KHC), a Saudi conglomerate with interests in key sectors such as hotel management, real estate and equity, has announced that it has acquired a key stake in xAI Corporation, an artificial intelligence company founded b

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Kingdom Holding buys $400m stake in Musk's AI company

Kingdom Holding Company (KHC), a Saudi conglomerate with interests in key sectors such as hotel management, real estate and equity, has announced that it has acquired a key stake in xAI Corporation, an artificial intelligence company founded b

More…

Kingdom Holding buys $400m stake in Musk's AI company

Kingdom Holding Company (KHC), a Saudi conglomerate with interests in key sectors such as hotel management, real estate and equity, has announced that it has acquired a key stake in xAI Corporation, an artificial intelligence company founded b

More…

Maaden buys Dutch firm Mosaic's stake in key phosphate unit

Saudi Arabian Mining Company (Ma'aden) has announced that it has acquired the entire share capital owned by Netherlands-based Mosaic Phosphates BV in its key subsidiary - Wa'ad Al Shamal Phosphate Company - as well as related marketing

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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…

Saudi PIF acquires 15pc stake in London's Heathrow Airport

Saudi Arabia's sovereign wealth fund PIF has announced that it has completed the acquisition of a 15% stake in FGP TopCo, the holding company of London's Heathrow Airport Holdings, from Spanish infrastructure major Ferrovial 

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Saudi PIF acquires 15pc stake in London's Heathrow Airport

Saudi Arabia's sovereign wealth fund PIF has announced that it has completed the acquisition of a 15% stake in FGP TopCo, the holding company of London's Heathrow Airport Holdings, from Spanish infrastructure major Ferrovial 

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Zamil acquires major stake in Wolffkran's Saudi rental business

Wolffkran Holding, a leading designer and builder of tower cranes based in Germany, has announced that it has sealed a strategic partnership agreement with Saudi-based Zamil Group Investment Company.   Under this

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