Saudi wealth fund snaps up significant stake in Rocco Forte Hotel
Public Investment Fund (PIF)
Charging station
Saudi launches EVIQ to power electric vehicles in Kingdom
PIF-backed Electric Vehicle Infrastructure Company brand EVIQ in Saudi Arabia
PIF
Saudi Arabia’s PIF announces voluntary compliance with CFA’s GIPS to promote transparency
The Global Investment Performance Standards are recognised as the global standard for calculating and presenting investment performance
Public Investment Fund (PIF)
How Saudi Arabia’s real estate boom is paving the way for the kingdom’s economic diversification
The real estate market is proving to be an engine for growth
PIF
Saudi Arabia’s PIF and Pirelli to build $550m tyre factory in Kingdom
PIF and Pirelli team up for tyre manufacturing plant in Saudi Arabia
car industry
Saudi Arabia’s PIF and Hyundai to build $500m car plant in Kingdom
Saudi wealth fund and Korean motoring giant to manufacture 50,000 vehicles a year in the Kingdom
PIF
Saudi Arabia’s PIF announces $3.5bn sukuk
PIF to raise $3.5bn through sukuk sale in Saudi Arabia
PIF
Saudi Arabia announces Ardara to develop luxury $5.1bn Wadi development
Saudi Arabia’s PIF will develop luxury Al Wadi development with residential, luxury hotels and distinct real estate zones
Automotive
PIF forms Tasaru to boost Saudi car industry
Saudi Arabia’s Public Investment Fund to develop motoring industry in the Kingdom
Jeddah
Saudi Arabia’s PIF announces major Jeddah development, plans 9,300 homes, 1,800 hotel rooms
PIF establishes Al Balad Development Company to transform Historic Jeddah in Saudi Arabia
PIF
Saudi Arabia’s PIF buys steel firm Hadeed for $3.3bn
PIF buys Saudi steel firm as it looks to boost industrial sector in the Kingdom
Public Investment Fund
Saudi Arabia’s PIF announces new facilities management company FMTECH
The new company is set to redefine the landscape of facility management services in the kingdom
PIF
Saudi Arabia’s PIF launches Asfar tourism investment company
Saudi sovereign wealth fund creates new company as it plans major tourism investments
football
Saudi Arabia eyes Europe football club: Report
This adjustment follows a recent announcement by UEFA which said clubs with the same owner will be permitted to compete in its elite competitions
ATP
Saudi Arabia mulls massive tennis investment, Alcaraz, Kyrgios and ATP boss have their say
Saudi Arabia may expand sport investment with a move to back professional tennis
Al Hilal
Saudi Arabia’s PIF takes over Al Ittihad, Al Nassr, Al Hilal and Al Ahli in major football ownership change
Saudi Arabia’s Public Investment Fund will take over four leading football clubs in the country
PIF
Saudi’s PIF eyes $3tn of assets by 2030 as it sets massive growth target
Saudi Arabia’s Public Investment Fund wants to grow assets to $3tn by end of decade