Results for
PIF
125 Results-
PIF-owned Boutique Group, Sommet Education to collaborate on internships, training
The Saudi PIF-owned hospitality company Boutique Group on Tuesday signed an MoU with Sommet Education, an entity specialized in hospitality, to focus ... Economy -
ROSHN: Pioneering a real estate renaissance in Saudi Arabia
With its eagerness to maximize the benefits of a favorable investment climate and commitment to sustainable housing, this public investment fund is ... Saudi Arabia -
Saudi PIF developer Roshn Real Estate lines up $2.7 billion for building spree
Roshn Real Estate Co., one of Saudi Arabia’s largest master developers, has lined up about 10 billion riyals ($2.67 billion) in funds as it gears up ... Property -
SEVEN announces its $293 mln entertainment destination in Saudi Arabia’s Yanbu
Saudi Entertainment Ventures (SEVEN), a wholly owned subsidiary of the Public Investment Fund (PIF), has awarded the contract to the joint venture ... Travel and Tourism -
US, Saudi Arabia in talks to secure metal supplies in Africa: WSJ
The United States and Saudi Arabia are in talks to secure metals in Africa needed to help them with their energy transitions, the Wall Street Journal ... Saudi Arabia -
A look at Mideast power brokers key to global deals who control $3 trillion in assets
The Middle East is home to some of the world’s largest sovereign wealth funds.Overseeing close to $3 trillion of assets, these investing giants have ... Gulf -
Saudi PIF to create steel giant with $3.3 bln acquisition of Sabic’s metal unit deal
Saudi Arabia’s sovereign wealth fund is set to create a new steel giant with the acquisition of the metals unit of chemicals maker Saudi Basic ... Economy -
MARAFY: An 11 km-long, 100m-wide urban water canal that will transform Jeddah
ROSHN Group, backed by Saudi Arabia’s wealth fund PIF, on Tuesday announced MARAFY, a fully mixed-use development north of Jeddah that will ... Saudi Arabia -
Saudi PIF-backed oil, gas driller ADES to proceed with IPO plan
Oil and gas driller ADES Holding, backed by Saudi Arabia’s so-ereign wealth fund, on Monday announced plans to proceed with an initial public offering ... Energy -
Saudi Arabia to host Next Gen ATP Finals from 2023 to 2027
The season-ending Next Gen Finals for men’s under-21 players will be played in Jeddah from 2023-2027 as the ATP heads to Saudi Arabia for the first ... Sports -
ACWA Power led group reach closure for $2.37 bln fund to build Saudi solar projects
A consortium of companies led by ACWA Power announced on Sunday the successful financial close of Al Shuaibah 1 and Al Shuaibah 2 solar PV projects ... Energy -
Saudi Arabia’s Princess Reema to head female-centered well-being company: PIF
Saudi Arabia’s Public Investment Fund (PIF) announced on Monday the establishment of a female-centered health and well-being company with Princess ... Saudi Arabia -
PIF subsidiary SEVEN breaks ground at $346 mln entertainment destination in Almadinah
Saudi Entertainment Ventures (SEVEN), a wholly owned subsidiary of the Public Investment Fund (PIF), recently announced its construction work on its ... Economy -
Oman’s sovereign wealth fund says total assets reach $46.61 bln in 2022
Total assets at Oman’s sovereign wealth fund, the Oman Investment Authority, reached 17.9 billion rials ($46.6 billion) in 2022, the fund said in its ... Economy -
Saudi Arabia’s mining company Ma’aden to acquire 10 pct of Brazil base metals firm
Saudi Arabian Mining Company, known as Ma’aden, has agreed to acquire a 10 percent stake in Brazil’s base metals company Vale, it said in a bourse ... Economy -
Saudi Arabia’s PIF to set up camel dairy company
Saudi Arabia’s Public Investment Fund (PIF) is setting up a new company, which it hopes will be the leading producer of camel dairy products, the ... Saudi Arabia -
Saudi Pro League interim CEO reveals Kingdom’s transformative football strategy
Saudi Arabia has continuously made international headlines and shocked global sports fans over the past year as it began implementing a new strategy ... Saudi Arabia -
Aston Martin joins with Lucid in Saudi-backed EV partnership
Aston Martin Lagonda Global Holdings Plc is tying up with Lucid Group Inc. on electric vehicle technology, uniting the storied British carmaker and ... Technology -
Saudi Arabia’s PIF leads bidding for $2.5 bln Vale’s nickel and copper stake
Saudi Arabia’s Public Investment Fund is emerging as the leading bidder to acquire a stake in Vale SA’s multibillion-dollar nickel and copper ... Economy -
Silicon Valley’s Plug and Play investor plans $100 mln Saudi Arabia VC fund
Silicon Valley-based tech investor Plug and Play Tech Center, an early backer of firms including Dropbox Inc. and PayPal Holdings Inc., is looking to ... Technology -
PGA Tour, Saudi-backed LIV Golf, PIF file motion to dismiss lawsuits
The PGA Tour, the LIV Golf League and the Public Investment Fund of Saudi Arabia officially agreed to end all pending antitrust litigation among the ... Sports -
Newcastle sign shirt sponsorship deal with Saudi PIF owned Sela
Newcastle United signed a multi-year shirt sponsorship deal on Friday with a Saudi Arabian company linked to the club’s owners, an agreement which may ... Sports -
Saudi-backed LIV Golf CEO Greg Norman says league ‘not going anywhere’
The future of LIV Golf is in question following Tuesday’s surprise announcement that the PGA Tour would merge commercial enterprises with the Saudi ... Sports -
Riyadh Air reveals purple livery design for new aircraft
Saudi Arabia’s newest airline Riyadh Air has revealed the design of the livery on its Boeing 787 aircraft.For the latest headlines, follow our Google ... Saudi Arabia -
Saudi PIF agrees to buy 30 pct of Tamimi supermarket’s share capital
Saudi Arabia’s Public Investment Fund (PIF) has agreed to purchase 30 percent of the shares of leading Saudi supermarket chain Tamimi Markets. For the ... Financial Markets -
EV maker Lucid raising $3 billion with more funds from Saudi PIF
Lucid Group Inc. is raising about $3 billion in a common stock offering with the majority of the money coming from the electric vehicle maker’s Saudi ... Technology -
Saudi Arabia’s PIF establishes ‘Badael’ to reduce smoking prevalence in the Kingdom
The Public Investment Fund (PIF) announced on Thursday the establishment of ‘Badael,’ a company that aims to develop, manufacture, and distribute ... Saudi Arabia -
Saudi’s PIF founds Saudi-Iraqi investment company with $3 bln capital
The Saudi sovereign wealth fund PIF has created a new unit to invest in industries across Iraq, with a capital of $3 billion and headquarters in Saudi ... Economy -
Carlota Ciganda wins Saudi PIF-backed Aramco Team Series golf event in Florida
Spain’s Carlota Ciganda took first place at the Saudi PIF-backed Aramco Team Series golf event in Florida on Sunday. For the latest headlines, follow ... Sports -
Iturrioz leads at Saudi PIF-funded ladies golf tournament in Florida
Spain’s Nuria Iturrioz maintained her lead in the PIF-funded Aramco Team Series golf tournament in Florida on Saturday. For the latest headlines, ... Sports