Results for
PIF
125 Results-
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 -
Saudi PIF buys into McLaren as part of 550 mln pound equity raise
The McLaren Group announced a 550 million pound ($758 million) equity investment on Friday with much of it coming from Saudi Arabia’s Public ... Economy -
Saudi wealth fund PIF buys 20 pct equity stake In Red Sea Gateway Terminal
Saudi Arabia’s Public Investment Fund (PIF) and Cosco Shipping Ports have bought 40 percent equity of the Red Sea Gateway Terminal Limited (RSGT). The ... Economy -
Sovereign fund PIF considers selling part of Saudi Telecom stake: Sources
Saudi Arabia’s Public Investment Fund (PIF) is considering divesting part of its stake in Saudi Telecom, sources close to the matter told Reuters, as ... Economy -
Saudi Arabia’s wealth fund PIF bolsters MENA investments division
The Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, on Sunday said it has appointed Eyas al-Dossari and Omar al-Madhi as senior ... Economy -
Saudi’s PIF, early Alibaba investor back Jordanian startup OpenSooq
A unit of Saudi Arabia’s $400 billion Public Investment Fund has led a new financing round for OpenSooq.com, a Jordan-based online classifieds ... Technology -
Saudi Arabia’s PIF launches an initiative of 200 mln Euros to develop Africa's Sahel
Saudi Arabia’s Crown Prince Mohammed bin Salman announced during a summit held in France to help finance Africa’s post-pandemic recovery that the ... Economy -
Saudi Arabia to spend more in next 10 years than in the past 300 years: Crown Prince
Saudi Arabia’s Crown Prince Mohammed bin Salman said that the Kingdom will spend more in the next 10 years than it has done in the past 300 years as ... Gulf -
Saudi wealth fund PIF transfers stakes in food, farm companies to SALIC
The Public Investment Fund, Saudi Arabia’s wealth fund, has transferred its stakes in Almarai, the National Agricultural Development Co and the Saudi ... Economy -
Saudi Arabia launches Soudah Development Company that will lead a $3 bln project
Saudi Arabia's Crown Prince Mohammed bin Salman has announced the launch of Soudah Development Company (SDC) in the Asir region that will lead the ... Economy -
Saudi sovereign wealth fund PIF boosts US equities exposure to nearly $12.8 bln
Saudi Arabia’s sovereign wealth fund has increased its holding of US stocks to nearly $12.8 billion in the fourth quarter from $7 billion in the third ... Economy -
In rare foray, Saudi PIF invests in NBK Capital Partners’ sharia credit fund
Saudi Arabia’s sovereign wealth fund has become an anchor investor in a new $300 million sharia credit fund launched by NBK Capital Partners (NBKCP) ... Economy -
NEOM’s THE LINE infrastructure spending to hit $100-150 billion, says PIF Governor
Spending on infrastructure for the new development THE LINE at Saudi Arabia’s futuristic NEOM city will hit between $100-150 billion, said Yassir ... Economy -
Saudi Arabia’s PIF is fastest growing sovereign wealth fund globally: Governor
Saudi Arabia’s Public Investment Fund (PIF) Governor Yassir al-Rumayyan said on Tuesday that the fund is one of the largest sovereign wealth funds in ... Economy -
Saudi Arabia might list more shares in Aramco under right valuation: PIF governor
Saudi Arabia might consider listing more shares in Saudi Aramco if the valuation is right and if the state oil company was considering a “massive ... Economy -
In numbers: Saudi Arabia’s PIF lists 6 goals for next 5 years
Saudi Arabia’s Crown Prince Mohammed bin Salman announced on Sunday the Kingdom’s strategy for its Public Investment Fund (PIF) for the next five ... Economy -
Saudi Arabia’s PIF to invest 3 trillion riyals over next 10 years: Crown Prince
Saudi Arabia’s Crown Prince Mohammed bin Salman announced on Sunday the Kingdom’s strategy for its Public Investment Fund (PIF) for the next five ... Gulf -
Saudi Arabia’s PIF launches company to develop private security sector
Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, said on Tuesday it had established a company to develop and expand the private ... Gulf -
Roshn inks $430 million contract deals for flagship 30,000-home Riyadh community
Saudi Arabia’s national developer Roshn has announced the signing of 1.6 billion riyals ($430 million) worth of contracts as construction commences on ... Gulf -
Saudi wealth fund PIF boosts trading team to back aggressive trading strategy
Saudi Arabia’s main sovereign wealth fund has boosted its trading team to pursue further an aggressive strategy that saw it sell more than a dozen ... Economy -
Saudi information security firm Elm to acquire Tabadul from PIF
Saudi information security company Elm is to acquire digital services company Tabadul from Saudi Arabia’s sovereign wealth fund, Elm said in a ... Technology -
Sheffield United fans voice support for Bramall Lane deal, Saudi Prince Abdullah
Fans of British football club Sheffield United took to social media to express support and happiness at the news Wednesday that the club would be ... Sports