ACWA Power's reported plan to raise SAR7.1 billion (US$1.9 billion) through issuing stock to existing shareholders could further boost the Public Investment Fund’s (PIF) AUM as it strides towards a US$1 trillion portfolio – meanwhile, Aramco’s recent secondary offering poses some downside risks for the Saudi state and the economy's...
ACWA Power's reported plan to raise SAR7.1 billion (US$1.9 billion) through issuing stock to existing shareholders could further boost the Public Investment Fund’s (PIF) AUM as it strides towards a US$1 trillion portfolio – meanwhile, Aramco’s recent secondary offering poses some downside risks for the Saudi state and the economy's...