ewpartners Rebrands with $1 Billion Fund Goal
Riyadh-based eWTP Arabia Capital, supported by the Saudi Public Investment Fund (PIF), has rebranded as ewpartners. Launched in 2017, eWTP ...
Saturday, December 21
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Tag: PIF
Saudi Arabia’s QSAS to Create 11,000 Cultural Jobs
Saudi Arabia is set to create 11,000 cultural jobs through the establishment of the National Interactive Entertainment Company (QSAS) by ...
PIF Launches QSAS for Interactive Storytelling
Saudi Arabia’s Public Investment Fund (PIF) has unveiled the National Interactive Entertainment Co., known as QSAS, to create immersive storytelling ...
PIF Launches QSAS for Interactive Exhibits
Saudi Arabia’s Public Investment Fund has introduced the National Interactive Entertainment Co., also known as QSAS, to develop immersive storytelling ...
SURJ Sports Sells €1B EuroLeague Stake
The Saudi Public Investment Fund's SURJ Sports Investment is selling a €1 billion minority stake in the EuroLeague, a prominent ...
Saudi Wealth Fund Initiates Space Sector Expansion
The sovereign wealth fund of Saudi Arabia, known as the Public Investment Fund (PIF), has established a new enterprise aimed ...
Lucid’s Financial Struggle Amid Expansion Efforts
Lucid Motors remains unprofitable in the initial quarter, forecasting a substantial rise in investment expenses to reach $1.5 billion for ...
Saudi’s PIF Acquires Majority Stake in TAWAL for Telecom Expansion
The Public Investment Fund (PIF) alongside the Saudi Telecommunications Company (stc Group) has disclosed the completion of a definitive agreement ...
Lucid Gains Financial Boost with $1 Billion Saudi Investment
Luxury electric vehicle manufacturer Lucid Motors announced a substantial capital infusion of $1 billion from a Saudi Arabian Public Investment ...
Saudi PIF Unit Backs Venture Debt with Strategic Investment
A subsidiary of the Saudi Public Investment Fund (PIF) has taken a significant step in the venture debt space by ...
Saudi Arabia’s PIF Joins Elite SWF League
The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, has witnessed a remarkable increase in its net assets, now ...
Saudi Wealth Fund Bolsters Economy with Aramco Shares
Saudi Arabia has made a significant move by allocating a stake worth $163 billion from its national oil company, Aramco, ...
Strategic Alliance: PIF and Mumtalakat Seal Investment Pact
The sovereign wealth entities of Saudi Arabia and Bahrain have inked a memorandum of understanding (MoU), establishing a framework to ...
Coffee Empire Expansion: Stake Sale Brews Interest
A prominent American investment company, Apollo Global Management Inc., together with the Saudi Arabian sovereign wealth fund, Public Investment Fund ...
Saudi Wealth Fund’s $5bn Bond Sale Attracts Hefty Investor Interest
The sovereign wealth fund of Saudi Arabia, known as the Public Investment Fund (PIF), initiated a bond offering to the ...
Saudi Arabia’s Mineral Wealth to Surge: PIF Governor’s Forecast
During a prominent industry event in Riyadh, the Public Investment Fund (PIF) Governor Yasir Al-Rumayyan conveyed Saudi Arabia's plans to ...
Saudi Wealth Fund’s Ambitious Surge in Global Investments
The Public Investment Fund (PIF) of Saudi Arabia, which possesses an asset base nearing $800 billion, aims to rise to ...
Saudi Arabia’s PIF Increases Investment in Alibaba-backed Technology Venture
A unit of Saudi Arabia’s Public Investment Fund (PIF) is boosting its investment in a technology venture with China’s Alibaba ...