Browsing: Bloomberg report

New York-based Goldman Sachs Group is reported to have acquired a license and is poised to be the first Wall Street bank to set up its regional headquarters in Saudi Arabia.

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has significantly reduced its holdings in US stocks during the first quarter of the year, nearly halving the value of its direct investments in these equities.

Abu Dhabi has established MGX, a technology investment firm specializing in artificial intelligence, microchips, and cutting-edge technologies.

Sony Group Corp. has formally informed Zee Entertainment Enterprises Ltd. its intention to cancel the merger between its India unit and the media network, bringing an end to a two-year acquisition saga.