Browsing: Saudi Arabia

Alef Education, a company in the edtech industry, is set to list on the Abu Dhabi Stock Exchange. It operates internationally, with branches in the US, Indonesia, and Morocco, and aims to further its presence in Saudi Arabia and Egypt.

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.