.
.
.
Results for
PIF
56 Results-
Saudi Arabia’s Prince Alwaleed to sell 16.87 pct of Kingdom Holding to PIF fund
Saudi billionaire Prince Alwaleed bin Talal has signed an agreement with Saudi Arabia’s powerful sovereign wealth fund to sell 16.87 percent of his ... Economy -
Saudi Arabia’s PIF adds to games push with five percent Nintendo stake
Saudi Arabia’s Public Investment Fund reported a 5.01 percent stake in Nintendo Co., according to a filing to Japan’s Finance Ministry, adding to ... Financial Markets -
Saudi Arabia’s PIF launches Saudi Coffee Company
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), said on Sunday it had launched a coffee company to promote the kingdom’s ... Gulf -
Saudi government orders up to 100,000 electric vehicles from PIF-owned Lucid
Saudi Arabia’s government has agreed to buy between 50,000 and 100,000 electric vehicles within ten years from Lucid Motors, which is part-owned by ... Gulf -
Saudi Arabia’s PIF, telecom giant STC form company focused on Internet of Things
The Public Investment Fund (PIF) and Saudi Telecom giant STC said on Friday they had signed a joint venture agreement to establish a new company ... Technology -
Catalyze Saudi: MISA, Jada partner to bolster Saudi Arabia’s start-up ecosystem
Saudi Arabia’s Ministry of Investment (MISA) and Funds of Funds Company (Jada) have formed a partnership to bolster the Kingdom’s start-up and ... Technology -
Lucid signs deal to open EV manufacturing plant in Saudi Arabia, first outside US
Luxury electric vehicle maker Lucid Group Inc. signed a deal to open a manufacturing plant in Saudi Arabia’s west coast, the company’s first site ... Technology -
Saudi sovereign fund PIF opens London, NY and Hong Kong offices
The Public Investment Fund, Saudi Arabia’s sovereign wealth fund, said on Thursday it has opened three new subsidiary companies’ offices in London, ... Gulf -
Zain KSA sells 80 pct infrastructure stake worth $807 million to PIF, investors
Zain KSA has approved the sale of over 8,000 tower infrastructure to the Saudi Public Investment Fund (PIF) and a consortium of investors, according ... Gulf -
Fitch rates Saudi Arabia’s PIF ‘A’, in line with sovereign
Fitch Ratings on Wednesday assigned Saudi Arabia’s Public Investment Fund (PIF) an ‘A’ credit rating in line with the sovereign, given its strong ... Economy -
Saudi Telecom sets up new wholly-owned entity for data centers, cable assets
Saudi Telecom (STC) said on Wednesday it would transfer its data centers, international submarine cables and points of presence assets to a new wholly ... Technology -
Analysis: Saudi role in UK football transfer market revival in pandemic
For a government in turmoil, there’s little to celebrate in the corridors of power in London. Except, perhaps, the financial heft of England’s soccer ... World News -
Saudi wealth fund PIF plans to buy $10 billion in stocks in 2022
Saudi Arabia’s sovereign wealth fund is planning to plow deeper into public markets this year by investing about $10 billion more into listed stocks, ... Economy -
PIF’s partnership with SoftBank an unprecedented success in tech investing
Sovereign wealth funds the world over have grown more aggressive in unlocking the most promising investments that bring long-term returns and maximize ... Economy -
Saudi PIF nearly triples US stock holdings; adds Walmart, Pinterest
The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, nearly tripled its holdings of US-listed stocks to $43.45 billion in the third ... Economy -
Newcastle United urges fans not to wear Arab ‘head coverings, robes’ costumes
Newcastle United Football Club issued a statement urging fans to not wear Arab head coverings or robes following the club’s Saudi-backed PIF ... Sports -
Steve Bruce leaves Newcastle by mutual consent following Saudi PIF takeover
Newcastle parted ways with manager Steve Bruce on Tuesday as its Saudi ownership began reshaping the team two weeks after buying the Premier League ... Gulf -
PIF chief Yasir al-Rumayyan cheered by Newcastle United fans after club takeover
Newcastle United’s new chairman, Yasir al-Rumayyan, was cheered on by fans in his first appearance at a match since the club’s acquisition by Saudi ... Gulf -
‘THE RIG.’: Saudi PIF announces tourism project inspired by offshore oil platforms
Saudi Arabia’s Public Investment Fund (PIF) on Saturday announced the launch of “THE RIG.” a new tourism project inspired by offshore oil platforms, ... Gulf -
ACWA Power IPO, biggest since Aramco, set for Riyadh trading debut
ACWA Power International, Saudi Arabia’s first $1 billion initial public offering since Aramco, is set to start trading in Riyadh on Monday.The $1.2 ... Financial Markets -
Consortium led by Saudi Arabia’s PIF officially takes over Newcastle United
A consortium led by Saudi Arabia’s Public investment fund (PIF) officially took over Newcastle United, the Premier League announced on ... Gulf -
Saudi Arabia’s Public Investment Fund to sell part of stake in Saudi Telecom
Saudi Arabia’s Public Investment Fund (PIF), the country’s sovereign wealth fund, is considering selling part of its 70 percent stake in Saudi Telecom ... Technology -
S&P affirms Saudi rating on expected growth rebound through 2024
S&P Global Ratings on Tuesday affirmed Saudi Arabia’s A- (minus) credit rating with a stable outlook, expecting a rebound in growth through 2024 ... Economy -
ACWA to finance renewable energy projects with green bonds: CEO
ACWA Power, which is partly owned by Saudi Arabia’s PIF sovereign wealth fund, will look at issuing green bonds starting next year to finance some of ... Energy -
Saudi PIF buys 25 percent stake in Emaar The Economic City
The Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, has completed the acquisition of a 25 percent stake in Emaar The Economic City ... Business -
Saudi Arabia aims to deploy 50 pct of investments in renewable, sustainable sources
Saudi Arabia aims to deploy 50 percent of its investments in renewable and sustainable power sources, the governor of the Kingdom’s Public Investment ... Gulf -
Saudi wealth fund PIF hires banks to advise on ESG for capital-raising strategy
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has hired five international banks as members of an environmental, governance ... Economy -
PIF to establish a voluntary exchange platform for Carbon Credits in Mena region
The Public Investment Fund (PIF) -- Saudi Arabia’s sovereign wealth fund -- in collaboration with the Saudi Tadawul Group, announced on Thursday an ... Energy -
Saudi PIF-backed EV company Lucid Motors makes Nasdaq debut
Saudi Public Investment Fund (PIF)-backed electric vehicle company Lucid Motors debuted on the Nasdaq stock exchange on Monday.For the latest ... Technology -
Saudi PIF’s investment in electric vehicle maker Lucid Motors to net $20 bln profit
The investing world’s eyes will be fixated at the payout from the recent electric-vehicle startup boom in North America when Lucid Motors Inc. is set ... Technology