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Results for

pif

28 Results
  • Saudi PIF-Newcastle takeover about more than soft power: Riyadh, Tyneside to benefit

    Saudi PIF-Newcastle takeover about more than soft power: Riyadh, Tyneside to benefit

    There’s one story dominating Tyneside right now: the takeover of English Premier League club Newcastle United by a consortium led by Saudi Arabia’s ...
    Middle East
  • No ‘greenwashing,’ huge climate change investment needed, Saudi PIF chief tells FII

    No ‘greenwashing,’ huge climate change investment needed, Saudi PIF chief tells FII

    Huge investments are needed to bridge resource gaps so that net zero carbon emission targets become feasible, however, a sense of urgency is still ...
    Energy
  • Saudi PIF-backed EV company Lucid Motors announces two new car versions

    Saudi PIF-backed EV company Lucid Motors announces two new car versions

    Lucid Motors, an electric vehicle company with backing from Saudi Arabia’s Public Investment Fund (PIF), announced in a statement Wednesday that it ...
    World News
  • PIF funding to come from infrastructure investment, Aramco IPOs: Saudi Crown Prince

    PIF funding to come from infrastructure investment, Aramco IPOs: Saudi Crown Prince

    Saudi Arabia’s Crown Prince Mohammed bin Salman gave further insight into how the Kingdom’s Public Investment Fund (PIF) plans to grow in value from ...
    Middle East
  • Saudi Arabia's PIF acquires 2.04 percent stake in Reliance Retail Ventures Limited

    Saudi Arabia's PIF acquires 2.04 percent stake in Reliance Retail Ventures Limited

    Saudi Arabia’s Public Investment Fun announced Thursday that it had acquired 2.04 percent of India’s Reliance Retail Ventures Limited for total ...
    Economy
  • Saudi Arabia’s giant sovereign wealth fund exits blue-chip stocks, buys ETFs

    Saudi Arabia’s giant sovereign wealth fund exits blue-chip stocks, buys ETFs

    Saudi Arabia’s $325 billion sovereign-wealth fund continued buying US stocks as it hunted for opportunities in the economic wreckage of the ...
    Economy
  • Saudi Arabia’s cinema industry has a $1 billion potential: PIF

    Saudi Arabia’s cinema industry has a $1 billion potential: PIF

    Saudi Arabia’s cinema industry has a potential valuation of around $1 billion, said Alireza Zaimi, an executive director and head of corporate ...
    Economy
  • Saudi Arabia’s PIF in talks to purchase Newcastle United football club: Report

    Saudi Arabia’s PIF in talks to purchase Newcastle United football club: Report

    Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), is in talks to buy UK Premier League football team Newcastle United for ...
    Financial Markets
  • Saudi Arabia’s sovereign wealth fund launches fund of funds company

    Saudi Arabia’s sovereign wealth fund launches fund of funds company

    Saudi Arabia’s Public Investment Fund has launched a 4 billion-riyal ($1.07 billion) fund of funds company, the kingdom’s sovereign wealth ...
    Financial Markets
  • Saudi Aramco, PIF amend terms of payment for SABIC acquisition

    Saudi Aramco, PIF amend terms of payment for SABIC acquisition

    Saudi Aramco said it has agreed to change the terms of payment related to its acquisition of a 70 percent stake in Saudi Arabia Basic Industries Corp ...
    Energy
  • Saudi Arabia’s PIF agrees to initial terms for $10 billion loan

    Saudi Arabia’s PIF agrees to initial terms for $10 billion loan

    Saudi Arabia’s sovereign wealth fund (SWF), the Public Investment Fund (PIF), has agreed to the initial terms for a $10 billion loan from a ...
    Economy
  • Saudi Aramco CEO: SABIC acquisition perfect for our ‘crude to chemical’ strategy

    Saudi Aramco CEO: SABIC acquisition perfect for our ‘crude to chemical’ strategy

    Saudi Aramco’s proposed acquisition of 70 percent in Saudi Basic Industries Corporation (SABIC) is perfectly suited to its strategy of ...
    Energy
  • Softbank Saudi success story: Beyond Information Revolution

    Softbank Saudi success story: Beyond Information Revolution

    Softbank’s announcement of quarterly operating profits that almost doubled to $6.2 billion, highlights the Saudi contribution to the ...
    Financial Markets
  • How NYSE move could propel Saudi share in Uber to $16 bln

    How NYSE move could propel Saudi share in Uber to $16 bln

    With an eye on the future and as part of its economic diversification, Saudi Arabia has recently been investing in technology-based companies.One such ...
    Technology
  • Saudi Public Investment Fund says report on Solar Project is inaccurate

    Saudi Public Investment Fund says report on Solar Project is inaccurate

    In response to claims in recent press reports, a spokesperson for the Public Investment Fund (PIF) said that the Wall Street Journal article titled ...
    Energy
  • PIF’s Red Sea Collection signs marine conservation pact with Monaco

    PIF’s Red Sea Collection signs marine conservation pact with Monaco

    The Saudi Minister of Culture, Prince Badr bin Abdullah Al Saud, representing the Red Sea Collection by the Public Investment Fund and Prince Albert ...
    Features
  • Saudi’s PIF invests more than $1 bln in electric carmaker Lucid Motors

    Saudi’s PIF invests more than $1 bln in electric carmaker Lucid Motors

    Saudi Arabia’s Public Investment Fund (PIF) has agreed to invest more than $1 billion in Lucid Motors, adding to the emerging competition facing ...
    Technology
  • Saudi sovereign fund appoints ex-CEO of Dow Chemical as special adviser

    Saudi sovereign fund appoints ex-CEO of Dow Chemical as special adviser

    Saudi Arabia’s sovereign fund has appointed Andrew Liveris, the former chairman and chief executive of Dow Chemical, as a special adviser, it ...
    Economy
  • Saudi Arabia’s PIF takes 15.2 pct direct stake in ACWA Power

    Saudi Arabia’s PIF takes 15.2 pct direct stake in ACWA Power

    Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has taken a 15.2 percent direct stake in Riyadh-based ACWA Power, a ...
    Energy
  • Saudi hires ex-Canary Wharf executive for Red Sea tourism project

    Saudi hires ex-Canary Wharf executive for Red Sea tourism project

    Saudi Arabia’s Red Sea Project, a vast tourist development aimed at opening the economy, has been registered as a standalone company and will be ...
    Economy
  • Saudi sovereign fund says it’s not considering stake in Six Flags

    Saudi sovereign fund says it’s not considering stake in Six Flags

    The Public Investment Fund (PIF), Saudi Arabia’s top sovereign wealth fund, said it is not considering the acquisition of a stake in North ...
    Economy
  • Saudi fund PIF looking for stake in Six Flags, says report

    Saudi fund PIF looking for stake in Six Flags, says report

    Saudi Arabia’s Public Investment Fund (PIF), is reported to be in talks to invest in the American theme park operator Six Flags Entertainment ...
    Economy
  • Noon puts fashion center stage in bid to dominate e-commerce in Mideast

    Noon puts fashion center stage in bid to dominate e-commerce in Mideast

    In game-changing online retail experience, buyers will have three million products to choose from
    Technology
  • No plans to buy stake in UAE’s Utico, says Saudi PIF

    No plans to buy stake in UAE’s Utico, says Saudi PIF

    News about entering into a binding agreement with utility firm ‘baseless and unfounded’
    Economy
  • Saudi fund says no plan to cut local equity holdings

    Saudi fund says no plan to cut local equity holdings

    PIF aims eventually to expand to finance development projects in the kingdom
    Economy
  • Saudi’s Uber-deal: An attempt at the world’s largest venture capital fund?

    Saudi’s Uber-deal: An attempt at the world’s largest venture capital fund?

    Partnership agreements have already been signed with Cisco Systems and Microsoft
    Economy
  • Saudi’s massive Uber investment: What the analysts think

    Saudi’s massive Uber investment: What the analysts think

    For the ride-hailing app, Saudi’s cash injection represents a major corporate coup
    Economy
  • Saudis to jointly invest up to $10 bln with Russian fund

    Saudis to jointly invest up to $10 bln with Russian fund

    The Saudi Public Investment Fund and Russian Direct Investment Fund signed an agreement that commits investment worth $10 billion
    Financial Markets
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