A $1 billion stake sale in Saudi Arabia’s largest mobile phone operator is the latest sign that the market for follow-on ...

Stock markets in the Gulf ended mixed on Thursday as investors assessed the monetary policy and inflation outlook in the ...

Low oil prices and production have hit Saudi coffers; long-time chief executive Nadhmi Al Nasr leaves due to his inability to ...

In October, the International Monetary Fund lowered its GDP growth prediction for Saudi Arabia this year and next because of ...

Saudi Arabia's Public Investment Fund (PIF) today announced the completion of the sale of part of its stake in the Saudi Telecom Company (stc) through an accelerated bookbuild offering. The offering ...

Alexander Isak's future looks set to become a major talking point over upcoming transfer windows. Isak arrived at Newcastle ...

Saudi Arabia's sovereign wealth fund PIF will sell 100 million shares in the country's telecom group STC at a price of 38.6 riyals ($10.27) apiece, state television reported on Thursday.

Saudi Arabia's sovereign wealth fund PIF has raised 3.86 billion riyals ($1.03 billion) from selling a 2% stake in ...

Newcastle United winger Anthony Gordon has provided an update on his hip injury that forced him off against Nottingham Forest ...

Saudi PIF, which sold 6 per cent of stc for $3.2bn in 2021, will keep a 62 per cent stake in the telecoms group after the ...

PIF maintains ownership of 3.1 billion shares, equivalent to 62 percent of stc's issued share capital, following the transaction ...