The PIF investment follows ADIA and Mubadala Investment Company who also have stakes in Reliance Retail Ventures Ltd ... ( read original story ...)
Saudi Arabia to pivot attention, plow funds at home
Saudi Arabia’s sovereign wealth fund is turning homeward. Handed $40bn earlier this year to buy global stocks, the Public Investment Fund (PIF) will plow the same amount into the domestic economy next ... ( read original story ...)
Iraq: An Offer You Can Refuse
That is a point of contention because Iraqis realize the foreign troops offer some assurance that Western and Arab states would actively assist Iraq if Iran sought to take control via a civil war or ... ( read original story ...)
Iran business event seeks to tap post-Trump interest
A conference aimed at European investors who want to tap Iranian markets if US sanctions are again lifted will take place next month. ( read original story ...)
How did Iran, al-Qaeda end up in bed together?
Qaeda a terrorist organization. It has denied any cooperation in a way that conveys disgust at the idea of associating with such radical Sunnis. One of the great debates that came out of the 9/11 ... ( read original story ...)
Vietnam – a magnet for foreign investors: Russian expert
Having the third most vibrant startup ecosystem in Southeast Asia, Vietnam has been a promising land for foreign investors, according to Sergey Sinitsyn from the Moscow State Institute of ... ( read original story ...)
Philippine shares trade sideways on investors’ wait-and-see mode
Philippine share prices closed in the green, albeit flat on Tuesday as investors continue to weigh risks in further entering the market. The benchmark PSEi gained 41.09 points or 0.59% to 6,959.14 at ... ( read original story ...)
Pinduoduo-like platform in the Philippines bags $1m in seed round
Resellee, a social commerce platform based in the Philippines, announced that it has secured US$1 million in a seed round from MinTech Enterprises and Hofan Capital. The social commerce app allows ... ( read original story ...)
New Macau gaming laws unlikely until last quarter of 2021
The city’s incoming Legislative Assembly will have to prioritize gambling after they begin to meet next September. ( read original story ...)
To extend current Macau concessions realistic say observers
It would be hard to complete a public retender process prior to the June 2022 expiry of the six current Macau gaming licences, in the light of a legislative timetable announced on Monday by the city’s ... ( read original story ...)