16 Jan 2016
(MENAFN) Saudi Arabia intends to create a new ruler fund in order to organize part of its oil wealth and expand its investments.
Additionally, the new fund could change the way tens of billions of dollars are financed and influence of the world’s leading asset managers.
The Saudi government sent a “request for proposal” to banks and consultants a year earlier, searching ideas on how to build a new fund.
Moreover, the fund would concentrate on investing in businesses outside the energy industry, like industrials, chemicals, maritime.
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
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BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
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