Tech SoftBank CEO admits failing to deliver returns to PIF Japan’s SoftBank Group has not “fully delivered” the expected returns to Saudi Arabia’s sovereign wealth fund, chaired by Crown Prince Mohammed bin Salman, CEO Masayoshi Son has said. “I haven’t still given him enough return. I still owe him,” Bloomberg reported, quoting Son at a panel discussion at a conference staged by Saudi Arabia’s FII […] February 24, 2025
Tech e& plans 20% Vodafone stake despite latest profit hit UAE telecom operator e& has proposed to increase its stake in Vodafone, despite blaming its multibillion-dollar investment in its British rival for a drop in half-year net profit. Hatem Dowidar, e&’s CEO, told CNBC Arabia on Wednesday the telco has submitted an offer to increase its stake in Vodafone to 20 percent.“We are hopeful to […] August 2, 2023
