Korea Joongang Daily
Korea JoongAng Daily

Saudi wealth fund governor visits Korea

Yasir O. Al-Rumayyan, the governor of Saudi Arabia's sovereign wealth fund and the board chairman of state-run Aramco, one of the world’s largest companies, is meeting with local business executives including HD Hyundai chief Chung Ki-sun in Korea.

2023-09-07

Pacific Island leaders ‘welcome’ Busan’s Expo bid during summit visit

The leaders of the Pacific Islands on Tuesday visited Busan to tour the potential venue of World Expo 2030 during a visit to Korea for a summit with President Yoon Suk Yeol aimed at bolstering cooperation with the growingly influential region.

2023-05-30

President Yoon holds bilateral meetings with leaders of Pacific Islands

President Yoon Suk Yeol held a series of bilateral meetings with leaders of Pacific Islands in Seoul Sunday ahead of the inaugural Korea-Pacific Islands Summit set to kick off on Monday, aimed at broadening diplomacy in the region.

2023-05-28

Saudi Arabia mulling 800 billion won investment in Kakao Entertainment

The Public Investment Fund (PIF) of Saudi Arabia may invest 700 to 800 billion won in the local company with Singapore’s sovereign wealth fund GIC, according to local reports quoting investment bank sources.

2022-11-23

Saudi Arabian fund buys 5 percent stake in Nexon

Saudi Arabia's Public Investment Fund (PIF) bought a 5 percent stake in game company Nexon for $883 million, making the Saudi Arabian sovereign wealth fund the fourth-largest shareholder. The PIF is a $500-billion sovereign wealth fund chaired by ...

2022-02-06