The Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, is set to pay $3.5 billion (€3.2 billion) to buy the gaming division of Niantic. The San Francisco-based software development ...

In a major development, Abu Dhabi 's state-owned investment firm MGX has pumped a whopping $2 billion into Binance. The ...

Scopely Inc., backed by Saudi Arabia’s sovereign wealth fund, is set to acquire the gaming division of Niantic Inc. for $3.5 ...

The government plans to use the new sovereign wealth fund to help finance up to 100 aircraft to expand the fleet of the ...

The investment aligns with the United Arab Emirates’ broader push to establish itself as a global technology and crypto hub.

Daniel Ding, who helped build China Investment Corp. into a $100 billion-a-year trading giant in global markets, has stepped ...

Pakistan has disclosed to the International Monetary Fund its intention to offer golden handshake packages to surplus employees, as revenue shortfalls ...

To create a sovereign wealth fund dedicated to something five times or more as volatile as straight-up stocks is an awful idea.

Hamas spokesman Hazem Qassem welcomed US President Donald Trump's apparent softening of his proposal to relocate Palestinians ...

Scopely, the Monopoly Go maker which is backed by Saudi Arabia’s sovereign wealth fund, has reached an agreement to acquire Niantic’s gaming business, including Pokémon Go, Pikmin Bloom and Monster ...

DUBAI, NEW YORK] Saudi sovereign wealth fund-backed Scopely has agreed to buy Niantic’s gaming business, including the mobile ...

President Donald Trump, meanwhile, used his first address before Congress to attack America’s largest attempt at directly ...