Tag: PIF
Saudi’s PIF acquires $1bn stake in Swedish gaming company Embracer
Public Investment Fund (PIF), the sovereign wealth fund of Saudi Arabia, has acquired a $1 billion stake, approximately 8.1 percent shares, of Embracer Group,...
Saudi PIF signs $185mn subscription deal with Jordan’s Capital Bank Group
The Public Investment Fund (PIF), the sovereign wealth fund of Saudi Arabia and Capital Bank Group, one of the largest banking groups in Jordan,...
Saudi PIF acquires 16.87% stake in Kingdom Holding for $1.52bn
Kingdom Holding Company (KHC), a Saudi-based leading investment firm, has sold 16.87 percent of the company to the Public Investment Fund (PIF) for $1.52...
Saudi PIF acquires 5% stake in Japanese gaming company Nintendo
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF) has acquired a 5.01 percent stake in the Japanese multinational video game company, Nintendo.
PIF...
PIF launches ‘Saudi coffee company’ to support national coffee industry
Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF) has launched the Saudi Coffee Company, which intends to invest nearly $320 million (SR1.2...
Saudi PIF & STC Group join to establish IoT Company
The Saudi Public Investment Fund (PIF) and STC Group have signed a joint venture (JV) agreement to establish a new company, specializing in the...
5 leading Saudi companies join PIF’s Voluntary Carbon Market Initiative
The Saudi Public Investment Fund (PIF) has revealed that five leading Saudi Arabian businesses have signed a separate non-binding Memorandum of Understanding (MoU) to...
Saudi’s MISA, PIF-backed Jada team up to foster startup ecosystem
The Ministry of Investment of Saudi Arabia (MISA) and Jada, a fund of funds company fully owned by the Public Investment Fund (PIF), have...
