Tag: PIF
PIF-backed SAMI acquires Advanced Electronics Company
Saudi Arabian Military Industries (SAMI), a wholly-owned subsidiary of the Public Investment Fund (PIF), has bought defense, energy, ICT and security services specialist Advanced...
Saudi PIF shuffles key leadership positions
One of the largest sovereign wealth funds in the world, Saudi Arabia's Public Investment Fund (PIF) has made some significant changes to its leadership.
Mr....
Saudi PIF’s real estate arm ROSHN to build 30,000 homes in...
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund’s (PIF) real estate wing ROSHN has kick-started its flagship residential project in the Kingdom's capital...
Saudi Arabia’s PIF to seek up to $7bn loan for new...
The sovereign wealth fund of Saudi Arabia is planning to raise about $7 billion in loans as it seeks cash for new investments, according...
Saudi’s SRC plans to launch bond issue
Saudi Real Estate Refinance Company’s (SRC) CEO Fabrice Susini said that the company will tap international debt markets for a $500 million dollar-denominated bonds...
Saudi ACWA Power to raise $1bn from Sukuk issue
Saudi Arabia-based power plants developer ACWA Power International is reportedly looking to raise close to $1 billion through a Sukuk issue early next year.
A...
Saudi’s PIF raises stake in ACWA Power to support energy sector
The sovereign wealth fund of Saudi Arabia, Public Investment Fund (PIF) said that it has raised its stake in Riyadh-based ACWA Power from 33.6...
PIF to pump $40bn into economy; Saudi Crown Prince
Saudi Arabia’s Crown Prince Mohammed bin Salman declared that the Public Investment Fund (PIF), the kingdom's sovereign wealth fund has become a vital growth...