Month: May 2025

PIF Prices $1.25bln International Sukuk Offering

PIF today announced the pricing of a $1.25 billion sukuk offering. The proceeds of the dollar-denominated offering will be used for PIF’s general corporate purposes. The seven-year sukuk was more than 6.5 times oversubscribed, with orders exceeding $9 billion. The Sukuk will be listed on the London Stock Exchange’s International Securities Market as part of

McDonald’s Goes Menuless Across Saudi Arabia

In an unprecedented move, McDonald’s decided to remove its menu across all its restaurants in Saudi Arabia. The reason? To showcase the love people in Saudi Arabia have had for the brand for over 30 years. The kind of love where they don’t even need to look at the menu to order their favourite McDonald’s

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