PIF Governor Yasir Al-Rumayyan says fund is on track to hit $1tn in assets by end of 2024, as Saudi Arabia enters new growth phase
PIF
Latest in PIF
PIF
Saudi-UK trade: PIF and UK Export Finance unlock $6.8bn deal
PIF and UK Export Finance sign $6.8bn MoU to boost Saudi-UK trade and investment, creating new opportunities for British exporters
PIF
Saudi jobs: PIF launches ‘azm’ programme to train and employ workers in key vocational fields
Saudi Arabia’s PIF launches ‘azm’ programme with HRDF, TVTC, ROSHN and Colleges of Excellence to certify and employ youth in vocational sectors
Abu Dhabi Schools
Most influential Arabs revealed; Dubai property boom, Saudi $55bn gaming takeover, UAE Rail progress – 10 things you missed this week
Dubai property sales hit $14.8bn in September, Saudi completes $55bn gaming takeover and Etihad Rail’s 2026 plan – this week’s Gulf highlights
Golf
Saudi Arabia opens first island golf course at Red Sea’s Shura Links
Saudi Arabia has opened Shura Links, the Kingdom’s first island 18-hole golf course at the Red Sea destination, blending sustainability with luxury tourism under Vision 2030
Electronic Arts
Saudi PIF leads $55bn takeover of Electronic Arts in world’s biggest gaming deal
Saudi Arabia’s PIF is leading a $55bn takeover of Electronic Arts with Silver Lake and Affinity Partners, marking the world’s biggest gaming deal
agritourism destination
Saudi Arabia’s PIF-backed Dan Company launches Solan to drive agritourism and empower farm owners
Saudi PIF-backed Dan Company launches Solan, a new agritourism brand empowering farm owners to create sustainable hospitality experiences under Vision 2030
EA
Saudi PIF to deepen gaming investment as it plans to take EA private
Already holding a 10% stake in the videogame giant, PIF, alongside Silver Lake and Affinity Partners, offers a $50bn deal
MBC
Saudi Arabia’s PIF acquires 54% stake in MBC Group for $2bn
Saudi Arabia’s PIF acquires 54 per cent of MBC Group in a $2bn deal, becoming majority shareholder in the Middle East’s leading media company
PIF
PIF assets hit $913bn in 2024 as Saudi fund drives economic transformation
Annual report reveals $243bn non-oil GDP contribution since 2021, record governance score, and global brand leadership for Saudi Arabia’s PIF
PIF
PIF launches Tasama to boost Saudi entrepreneurship and tech ecosystem
New PIF-owned entity Tasama aims to transform Saudi Arabia’s business services sector, support startups, attract global firms, and accelerate economic diversification
PIF
Saudi PIF assets hit $1.15tn in 2024 as revenues jump 25 per cent to $110bn
The Public Investment Fund (PIF) of Saudi Arabia reported an 18 per cent rise in assets to $1.15tn and a 25 per cent revenue increase to $110bn
Expo
PIF launches Expo 2030 Riyadh Company to build landmark giant World Expo site
Saudi Arabia launches Expo 2030 Riyadh Company to deliver $64bn economic boost
A350F
Saudi-based AviLease orders 77 Airbus jets at Paris Air Show
Saudi Arabia aircraft lessor AviLease orders up to 77 Airbus aircraft—including A320neo and A350F models
Paris Air Show
Riyadh Air orders up to 50 Airbus A350-1000 jets to ahead of 2025 launch
Riyadh Air signs deal for up to 50 Airbus A350-1000 aircraft at Paris Airshow 2025 in major boost for Saudi aviation
aseer
Saudi real estate: ARDARA to launch lifestyle community in Al Wadi with luxury hotels and homes
Aseer Governor and ARDARA announce new luxury community in Al Wadi, Saudi Arabia
PIF
Saudi wealth fund PIF opens Paris office to boost European investments
French President joins PIF Governor Al-Rumayyan to inaugurate Paris office during ‘Choose France’ summit
