Public Investment Fund


Saudi Sovereign Fund Said To Hire Ex-Morgan Stanley Risk Officer

Middle East Business News - Published date: .

PIF received an injection of $40bn from the kingdom's reserves in March and April as it sought investment opportunities ... Read more

Saudi's PIF Ditches Blue-chip Stocks, Adds ETFs

Middle East Business News - Published date: .

Kingdom transferred about $40bn to the PIF from its central bank in March and April to boost its financial fire power Read more

Saudi Wealth Fund Is Said To Repay $10bn Bridge Loan

Middle East Business News - Published date: .

Loan taken last year ahead of $70bn sale of stake in Saudi Basic Industries Corp Read more

Premier League Chief Opens Up On Saudi-funded Failed Newcastle Bid

Middle East Business News - Published date: .

PCP Capital Partners' largely Saudi-funded $445 million bid to buy the Premier League club collapsed recently Read more

JPMorgan Sees Virus Fallout Stoking Middle East Deals Into 2021

Middle East Business News - Published date: .

The first six months saw $72 billion of bond issuance from the region, the busiest start yet Read more

Saudi-backed Consortium Abandons Bid To Buy Newcastle United

Middle East Business News - Published date: .

Deal had been agreed to buy the club for $390m from current owner Mike Ashley in April Read more

Saudi Arabia Explores Income Tax, Privatisation To Boost Finances

Middle East Business News - Published date: .

'Saudi Arabia is not in austerity and we are not getting into an austerity phase,' said Finance Minister Mohammed Al Jad... Read more

Middle East Wealth Funds Plan More European Bargain Hunting, Says Invesco

Middle East Business News - Published date: .

Over the next 12 months, about 43% of sovereign funds in the region will buy equities with lower valuations Read more

What Saudi Arabia's Big Bank Merger Says About The Kingdom's Economy

Middle East Business News - Published date: .

The $15.6bn deal to combine National Commercial Bank and Samba would create a banking giant in terms of loans with almo... Read more

Shares Of Saudi Samba Surge After $15.6 Billion Takeover Bid

Middle East Business News - Published date: .

The kingdom has been taking steps to shore up its banking sector from the coronavirus shock and lower oil prices Read more

Middle East Inks $25bn Of Deals Defying Covid-19 Gloom

Middle East Business News - Published date: .

Sovereign wealth funds including Saudi Arabia's Public Investment Fund are deploying billions of dollars to buy stakes i... Read more

Saudi Arabian Mining Unit Signs $4.1bn Finance Deal

Middle East Business News - Published date: .

Maaden Waad Al Shamal Phosphate Co will refinance $2.3 billion owed to a syndicate of commercial banks and financial ins... Read more

Saudi Wealth Fund Said To Take Stakes In European Oil Majors

Middle East Business News - Published date: .

Stakes in Equinor, Royal Dutch Shell, Total and Eni were bought by the Public Investment Fund on the open market in rece... Read more

Saudi Fund's Bargain Buy Of Carnival May Turn Out To Be Pricey

Middle East Business News - Published date: .

Saudi Arabia's $320 billion sovereign wealth fund has made a series of bold investments in recent years Read more

Saudi Wealth Fund Builds $200m Stake In Norway's State Oil Company

Middle East Business News - Published date: .

Equinor shares slumped just over 30 percent this year before rising 18 percent last week Read more

Saudi-backed Augmented-reality Start-up To Explore A Sale

Middle East Business News - Published date: .

Saudi Arabia's sovereign wealth fund PIF among Magic Leap's big name investors Read more

Kardashian Friend Carla DiBello Said Be Helping Saudis Seal Newcastle United Deal

Sports and Eneterainment - Published date: .

Carla DiBello is working on the deal alongside British financier Amanda Staveley, according to sources Read more

Saudi's Public Investment Fund Sells Almost All Of Its Tesla Holding

Middle East Business News - Published date: .

Saudi fund announced in September 2018 that it would invest more than $1 billion in Lucid Motors Read more

Anthony Joshua Reclaims World Heavyweight Titles In Saudi Arabia

Sports and Eneterainment - Published date: .

Dominating from the outset, Joshua won by margins of 118-110 on two scorecards with the third judge making it 119-109 Read more

Saudi Arabia's Sovereign Fund To Invest $10bn In Brazil

Middle East Business News - Published date: .

The two governments will form a council over the next two weeks, which will define the sectors and the timing of the inv... Read more