Annual report reveals $243bn non-oil GDP contribution since 2021, record governance score, and global brand leadership for Saudi Arabia’s PIF
Public Investment Fund (PIF)
Latest in Public Investment Fund (PIF)
Public Investment Fund (PIF)
PIF reportedly looking at two-thirds stake in prime Manhattan tower
The 1,200-foot tower, being developed by Related Company, is at 625 Madison Avenue, located just one block away from the Central Park
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
Blacklane
Blacklane expands into Saudi Arabia
The company said its entry into the Saudi market is aimed at supporting Vision 2030 through job creation and the development of local talent
PIF
Saudi PIF-backed sarcc selects Turner & Townsend for employee housing development
Sarcc, a subsidiary of Saudi Arabia’s Public Investment Fund (PIF), aims to meet the growing demand for accommodation solutions for both public and private projects throughout the country
Goldman Sachs
PIF and Goldman Sachs team up to bring major investments to Saudi Arabia
Saudi Arabia’s PIF and Goldman Sachs Asset Management sign deal to bring private credit and public equity investments to Saudi Arabia
Public Investment Fund (PIF)
Saudi PIF in talks for $3.1bn loan guarantee deal with Italian SACE: Report
The talks with SACE follow Italian Prime Minister Giorgia Meloni’s visit to Saudi Arabia, where agreements worth $10 billion were signed
PIF
PIF announces $7bn murabaha credit facility in Saudi Arabia
Saudi Arabia’s Public Investment Fund agrees $7bn credit facility with 20 international financial institutions
PIF
Saudi Public Investment Fund assets soar 37% to $42.6bn
International and domestic public investment fund assets in Saudi Arabia witnessed significant growth in 2024
agritourism destination
PIF-backed Dan Company, Al-Tamimi contracting to develop luxury resorts in Al Ahsa
The project, set to span 1.8 million square metres, will feature 201 accommodation units, including hotel rooms and high-end villas with private pools
hotel industry
Saudi Arabia’s PIF launches hotel management company Adeera to oversee hospitality brands
PIF creates Adeera to manage hotel and hospitality brands in Saudi Arabia
bpifrance
Saudi Arabia’s PIF and Bpifrance sign $10bn finance deal
Saudi Arabia and French finance giant Bpifrance sign $10bn funding deal
agritourism destination
Saudi Arabia’s Dan Company launches Tuaja Luxury Resorts as it eyes boutique tourism boost
Tuaja Luxury Resorts in Saudi Arabia will enhance agri, eco, and adventure travel experiences
MBC
Saudi Arabia’s PIF to acquire controlling $2bn stake in MBC
Saudi sovereign wealth fund PIF has acquired a controlling 54 per cent stake in MBC Group
Japan
Saudi Arabia’s PIF signs $51bn of deals with Japanese financiers
PIF signs $51bn of deals as Saudi Arabia and Japan strengthen ties
Brookfield
Saudi investments: PIF and Brookfield team up for $2bn spending boost
Saudi Arabia’s PIF and Brookfield Asset Management look ahead to $2bn investments in the Kingdom