Browsing: pif

Deal was obtained from a diverse global syndicate of 23 financial institutions spanning Europe, the US, the Middle East and Asia

Saudi Arabia’s Public Investment Fund and Concacaf on Thursday announced a multiyear partnership aimed at promoting football across North and Central America and the Caribbean.

RIYADH: Saudi Arabia’s sovereign wealth fund has reported strong financial results for 2023, achieving revenues of SR331 billion ($88.3 billion) from its diverse investment portfolio, marking over 100% percent growth from 2022.

RIYADH: Saudi Arabia’s Public Investment Fund has priced its inaugural sterling bond offering of £650 million ($829.80 million) under its existing Euro Medium-Term Note program.

RIYADH: Saudi Arabia’s Public Investment Fund has been named the world’s most valuable sovereign wealth with a brand value of $1.1 billion, according to an analysis. 

RIYADH: Saudi Arabia’s space and satellite sector is set to receive a strategic boost with the Kingdom’s wealth fund establishing the Neo Space Group.

In March 2024, PIF’s assets under management surpassed $925 billion, up from $700 billion at the end of 2022

RIYADH: Saudi developer ROSHN Group has launched its first integrated community, ALDANAH, in the economic hub of Greater Dammam, featuring over 2,500 homes spread across 1.7 million sq. m. 

Saudi Arabia’s Public Investment Fund (PIF) announced it has signed deals with Saudi Telecommunications Company (stc Group) that will see PIF acquire a majority stake in Saudi Telecom Co.’s tower unit for $2.3 billion and plans to merge it with other local assets to create the region’s largest telecom tower company.

RIYADH: Saudi Arabia’s Public Investment Fund has soared in an annual global ranking of sovereign wealth organizations, thanks to a 55 percent increase in assets under management.