Public Investment Fund
- UAE
UAE investors join Olam Agri’s $625 million Islamic facility
Investors from the UAE are part of a global consortium providing Singapore’s Olam Group with a $625 million sharia-compliant financing…
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How AI Investments Could Change the Middle East
Saudi Arabia’s reported $40 billion artificial intelligence (AI) investment fund represents a leap to redefine the Middle East’s role in…
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Saudi crown prince reveals urban plan and branding for Qiddiya City megaproject
He says the city aims to be the foremost global destination for entertainment, sports and culture, and to boost the…
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Saudi explores potential $250 million investment in Chinese automotive market
PIF contemplates $3 billion purchase of Shanghai-based Human Horizons Insiders in the know have revealed that the Saudi sovereign wealth…
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GCC sovereign wealth funds among world’s top 15
With combined assets worth $3.69 trillion According to a report by Global SWF, seven sovereign wealth funds (SWFs) from the…
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Hyundai to build Saudi car plant jointly with Saudi wealth fund
PIF will hold a 70% stake in the new joint venture with Hyundai holding the remaining 30%. Total investment for…
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Saudi PIF sets up new tourism investment company Asfar
Saudi Arabia’s sovereign wealth fund PIF (The Public Investment Fund) today (July 27) announced the establishment of the Saudi Tourism…
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UAE firm eyes huge opportunities in Saudi mobility sector
Saudi Arabia’s mobility sector is set to benefit from the collaboration of the Public Investment Fund-backed iot squared and UAE-based…
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Saudi Arabia transfers more Aramco oil shares to wealth fund
Saudi Arabia has put a second four-percent chunk of shares of the Aramco oil giant, worth tens of billions of…
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Saudi Crown Prince announces launch of a new national carrier
Saudi Crown Prince Mohammed bin Salman on Sunday announced the creation of a new national airline “Riyadh Air,” wholly owned…
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