Tag: PIF
Saudi wealth fund PIF opens subsidiary offices in London, NY &...
Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF) has opened three new subsidiary offices in London, New York and Hong Kong, as...
Zain KSA to sell ‘8,069 tower’ infrastructure for $807mn to PIF-led...
Saudi Arabia’s second-largest telecom company, Zain KSA has approved the binding offer submitted by a consortium led by the Kingdom’s sovereign wealth fund, Public...
Saudi Arabia transfers 4% of Aramco’s shares to PIF
Saudi Arabia has transferred 4 percent of shares of the state-owned oil giant, Saudi Aramco to the Kingdom’s sovereign wealth fund, Public Investment Fund...
Saudi PIF to buy majority stake in Dubai’s Depa via $40.84mn...
Dubai-based publicly-listed interior construction and manufacturing firm, Depa has entered into a definitive subscription agreement with Saudi Arabia's sovereign wealth fund, Public Investment Fund...
Saudi PIF-owned digital security firm Elm to raise $818mn in IPO
Elm, a digital security firm owned by Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF), is all set to raise $818 million from...
Saudi PIF unveils gaming & eSports company ‘Savvy Gaming Group’
Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF) has launched a new gaming company ‘Savvy Gaming Group’, as the Gulf country seeks to...
Saudi Crown Prince unveils ultra-luxury hospitality brand, Boutique Group
HH Muhammad bin Salman Al-Saud, the Crown Prince of Saudi Arabia, First Deputy Prime Minister, and Chairman of the Public Investment Fund (PIF) has...
Saudi PIF to initiate green hydrogen project with S.Korean groups
Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF) has signed a three-party Memorandum of Understanding (MoU) with South Korea’s Posco and Samsung C&T,...