All Stories: Fund

RIYADH: Saudi Arabia's most senior cleric has urged businessmen and banks to set up a fund to help soldiers stationed along the southern border with Yemen to pay their bills back home, Saudi media reported on Thursday.

KUALA LUMPUR: Abu Dhabi's sovereign wealth fund is seeking $6.5 billion from Malaysia's troubled state investment vehicle 1MDB, as it moves to settle a debt dispute through international arbitration.

SAN FRANCISCO: Uber announced Wednesday that the Public Investment Fund of Saudi Arabia has pumped $3.5 billion into the ride-sharing giant, helping fuel its global expansion plans.

WASHINGTON: An election-year fight over addressing the spreading Zika virus intensified in the U.S. Congress as the Senate on Thursday approved $1.1 billion in emergency money one day after the House of Representatives voted $622.1 million financed through cuts to existing programs.

CAIRO: Egypt and Saudi Arabia signed an agreement late on Saturday to set up a 60 billion Saudi riyal investment fund among other investment agreements including an economic free-zone to develop Egypt's Sinai region, Egyptian state television reported.