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 ...
Monday, September 16
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Tag: PIF
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 ...