Results for
PIF
125 Results-
Saudi wealth fund PIF hires staff in New York from Goldman Sachs, Point72
The US subsidiary of Saudi Arabia’s $730 billion sovereign wealth fund is hiring from Wall Street firms and top hedge funds to manage its growing ... Economy -
Saudi Crown Prince announces transfer of Aramco shares to PIF’s Sanabil Investments
Saudi Arabia’s Crown Prince Mohammed bin Salman announced on Sunday the completion of a 4 percent transfer of state-owned shares in Saudi Aramco to a ... Saudi Arabia -
Saudi wealth fund PIF discloses ties to global venture capital, private equity firms
The venture arm of Saudi Arabia’s sovereign wealth fund has disclosed its ties to more than 50 venture capital and private equity firms including ... Banking & Finance -
FII Priority: PIF Governor says motivation, unity key success factors for Vision 2030
Governor of Saudi Arabia’s Public Investment Fund (PIF) and Chairman of the FII Institute, Yasir al-Rumayyan, in a panel at the FII Priority summit in ... Saudi Arabia -
Saudi-backed LIV Golf claims rival PGA Tour official sabotaged TV deals: Court filing
A PGA Tour Inc. executive unlawfully pushed broadcasters to turn their backs on potential LIV Golf streaming deals, the Saudi-backed upstart claimed ... Sports -
Saudi wealth fund unit backs Emkan Capital’s technology fund
A unit of Saudi Arabia’s sovereign wealth fund is among investors in Emkan Capital’s $31 million tech fund that will back early-stage start-ups across ... Financial Markets -
Saudi wealth fund PIF becomes largest outside investor in Nintendo
The Saudi sovereign wealth fund PIF now holds 8.26 percent of the stock in the video game maker Nintendo, making it the largest outside investor in ... Technology -
Saudi Arabia’s PIF invests $1.3 billion in local construction firms
Saudi Arabia’s sovereign wealth fund has invested a total of $1.3 billion in four local construction firms to support the sector tasked with ... Saudi Arabia -
Saudi wealth fund to raise $5.5 bln with second green bond sale
Saudi Arabia’s sovereign Public Investment Fund (PIF) is set to raise $5.5 billion through its second sale of green bonds in four months, for which ... Saudi Arabia -
SEVEN announces entertainment destination in Tabuk worth over $261 mln at Furas
Saudi Entertainment Ventures (SEVEN), a wholly owned subsidiary of the Public Investment Fund (PIF), has announced the beginning of construction of ... Saudi Arabia -
Saudi, Singapore wealth funds join $930 mln pre-IPO bet on Korean anime giant
Kakao Entertainment Corp. has won $930 million from the sovereign wealth funds of Saudi Arabia and Singapore, securing one of the country’s largest ... Economy -
Saudi Arabia’s PIF to buy $250 million stake in UAE Tabreed’s local venture
The Public Investment Fund is in talks to buy a stake worth about $250 million in Saudi Tabreed, the local venture of United Arab Emirates-listed ... Economy -
Saudi Arabia’s finance minister says no change in VAT, expat levy
Saudi Arabia’s Minister of Finance Mohammed al-Jadaan said that there is no change in the value-added tax (VAT) or the levy for expatriate workers at ... Economy -
Saudi Arabia’s PIF secures $17 billion in loan
Saudi Arabia’s sovereign wealth fund said on Wednesday it had secured a $17 billion loan from a group of 25 banks that will partly refinance a loan it ... Saudi Arabia -
Saudi’s PIF-owned Badeel, ACWA Power to develop MENA’s largest solar energy plant
The Public Investment Fund (PIF)-owned Water and Electricity Holding Company (Badeel), and ACWA Power, signed on Wednesday power purchase agreements ... Energy -
Ceer to set up EV manufacturing site at King Abdullah Economic City
Ceer, Saudi Arabia’s first electric vehicle brand, has signed a purchase agreement worth $95.60 million (359 million Saudi Riyals) with Emaar, the ... Technology -
Saudi utility Marafiq’s shares steady after surging 14pct in Riyadh trading debut
The shares of Saudi Arabian utility Marafiq, which raised $897 million in an initial public offering that drew $53 billion in orders, gave up almost ... Economy -
Saudi-PIF backed developer ROSHN delivers to homeowners ahead of schedule
Saudi PIF-owned real estate developer ROSHN has begun handing over villas and townhouses in Riyadh’s northern corridor ahead of schedule.The first ... Property -
PIF-backed AviLease delivers first two of 12 Airbus A320neos to flynas
AviLease, the rapidly expanding, PIF-backed global aviation lessor, has successfully delivered the first two of its 12 Airbus A320neos on lease to ... Aviation & Transport -
PIF, BlackRock sign MoU to explore infrastructure investments in Saudi Arabia
Saudi Arabia’s Public Investment Fund (PIF) and US investment giant BlackRock signed a Memorandum of Understanding on Monday to consolidate the ... Saudi Arabia -
Saudi Arabia wealth find PIF reduces majority stake in Saudi Tadawul Group
Saudi Arabia’s Public Investment Fund has sold a 10 percent stake in stock exchange operator and owner Saudi Tadawul Group through a secondary share ... Economy -
Saudi Arabia’s PIF to invest extra $80.6 million in UK’s Newcastle United FC
Saudi Arabia’s Public Investment Fund is making a fresh investment worth tens of millions of pounds in Newcastle United FC, the English football club ... Sports -
Saudi Arabia’s PIF establishes five regional investment companies
Saudi Arabia’s Public Investment Fund (PIF) has established five regional investment companies in Jordan, Bahrain, Sudan, Iraq and Oman, Crown Prince ... Business -
Saudi Arabian utility Marafiq’s IPO draws $53 billion in orders
Saudi Arabian utility Marafiq priced its initial public offering at the top of a marketed range to raise 3.36 billion riyals ($897 million) in the ... Financial Markets -
Saudi Arabia sets up carbon market firm to support net zero goal
Saudi Arabia’s sovereign wealth fund started a voluntary carbon market firm and plans to auction a million tons of credits, supporting the Kingdom’s ... Saudi Arabia -
Saudi Arabia wealth fund PIF launches Halal Products Development Company
Saudi Arabia’s Public Investment Fund (PIF) has launched the Halal Products Development Company (HPDC) which will invest in the localization of Halal ... Saudi Arabia -
Saudi Golf CEO: LIV could create its own majors
Acknowledging the possibility that most LIV Golf players won’t be allowed entry to the sports’ top events, Saudi Golf Federation CEO Majed Al Sorour ... Sports -
Saudi PIF starts selling debut green bonds
Saudi Arabia’s Public Investment Fund has begun taking orders for its debut bond sale, a bank document showed on Wednesday, in what will be the first ... Banking & Finance -
Saudi Arabia’s SRC extends mortgage benchmark maturity to boost home ownership
The Saudi Real Estate Refinance Co (SRC), the Saudi equivalent of US mortgage finance business Fannie Mae, said on Monday that it has extended to 30 ... Economy -
Saudi Arabia’s sovereign wealth fund hires banks for debut green bonds
Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), has hired banks including Citi and JPMorgan to arrange a debut issuance of ... Business