Public Investment Fund

News

stc shares surge after $8bn capital increase proposal

Saudi Telecom Company (stc) shares rose by almost 10% following news of a potential capital increase proposal from its board.

Saf Malik, June 13, 2022
News

PIF and stc ink IoT joint venture in KSA

Saudi Telecom Company (stc) has signed a joint venture agreement with Public Investment Fund (PIF), the sovereign wealth fund of Saudi Arabia, to create a new IoT company.

Natalie Bannerman, April 04, 2022

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