Before it’s here, it’s on the Bloomberg Terminal LEARN MORE Updated on August 6, 2023 at 11:21 PM PDT Saudi Arabia’s sovereign wealth fund reported a $15.6 billion comprehensive loss in 2022 after the value of its investments in SoftBank Vision Fund plunged and other tech ventures were hit by a market downturn. In addition to $11 billion of losses on investments — announced by the fund last month — the amount includes figures for operations, taxes and other expenses, according to an annual...

(Bloomberg) -- Saudi Arabia’s Jadwa Investment Co. plans to invest about two billion riyals ($532 million) in new private equity deals and to list stakes in three of its portfolio companies by 2025 as it looks to capitalize on rapid economic growth in the region. Most Read from Bloomberg The private equity firm is in advanced talks to complete two private equity deals in the next 12 months, and is focusing on consumer and health care industries, Tariq Al-Sudairy, managing director and chief...