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Andrew Torchia

Tunisia must control wage bill, IMF warns after deal with union

Nov 13 2018

DUBAI Tunisia must keep its public sector wage bill under control to avoid severe debt problems, a senior International Monetary Fund official warned after the government agreed to raise wages of about 150,000 employees of state companies.

RPT-ANALYSIS-Khashoggi crisis may test Saudi PIF's expansion ambitions

Oct 26 2018

RIYADH/DUBAI, Oct 25 A year ago the Saudi sovereign investor Public Investment Fund (PIF) was a rising star among state-backed funds.

Khashoggi crisis may test Saudi PIF's expansion ambitions

Oct 25 2018

RIYADH/DUBAI A year ago the Saudi sovereign investor Public Investment Fund (PIF) was a rising star among state-backed funds. 

Saudi to be flexible on deficits as it spends on growth - Finance Minister

Oct 25 2018

RIYADH Saudi Arabia intends to balance its state budgets over the medium term but remains willing to accept deficits if they are needed to spur economic growth, Finance Minister Mohammed al-Jadaan said on Thursday.

Saudis trumpet $56 billion deals as conference ends amid partial boycott

Oct 25 2018

RIYADH Saudi Arabia said it signed $56 billion of deals at an investment conference this week and expected the United States to remain a key business partner despite a partial boycott of the event over the killing of Saudi journalist Jamal Khashoggi. | Video

WRAPUP 1-Saudis trumpet $56 bln deals as conference ends amid partial boycott

Oct 25 2018

* Over two dozen Western officials, execs not at investment event

Saudi crown prince proclaims investment conference despite boycott

Oct 23 2018

RIYADH Saudi Arabia's crown prince trumpeted on Tuesday a conference that has drawn investment deals worth $50 billion despite a boycott over the killing of journalist Jamal Khashoggi, declaring the event as "great - more people more money". | Video

Saudi's PIF invested in 50-60 firms via SoftBank fund: director

Oct 23 2018

RIYADH The Public Investment Fund, Saudi Arabia's sovereign wealth fund, has invested in 50 or 60 companies via SoftBank Group's Vision Fund and will bring most of those firms to the kingdom, managing director Yasir al-Rumayyan said on Tuesday.

Saudi's PIF invested in 50-60 firms via SoftBank fund - director

Oct 23 2018

RIYADH The Public Investment Fund, Saudi Arabia's sovereign wealth fund, has invested in 50 or 60 companies via SoftBank Group's Vision Fund and will bring most of those firms to the kingdom, managing director Yasir al-Rumayyan said on Tuesday.

UPDATE 1-Saudi's PIF invested in 50-60 firms via SoftBank fund - director

Oct 23 2018

RIYADH, Oct 23 The Public Investment Fund, Saudi Arabia's sovereign wealth fund, has invested in 50 or 60 companies via SoftBank Group's Vision Fund and will bring most of those firms to the kingdom, managing director Yasir al-Rumayyan said on Tuesday.

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