Tag: PIF
Saudi ACWA Power to raise $1bn from Sukuk issue
Saudi Arabia-based power plants developer ACWA Power International is reportedly looking to raise close to $1 billion through a Sukuk issue early next year.
A...
Saudi’s PIF raises stake in ACWA Power to support energy sector
The sovereign wealth fund of Saudi Arabia, Public Investment Fund (PIF) said that it has raised its stake in Riyadh-based ACWA Power from 33.6...
PIF to pump $40bn into economy; Saudi Crown Prince
Saudi Arabia’s Crown Prince Mohammed bin Salman declared that the Public Investment Fund (PIF), the kingdom's sovereign wealth fund has become a vital growth...
Saudi Arabia’s PIF acquires 2.04% stake in Ambani-owned Reliance Retail
The Public Investment Fund (PIF) of Saudi Arabia, one of the largest sovereign wealth funds in the world, which invested $1.5 billion this year...
UAE’s ADIA and Saudi PIF invest $507mn each in Reliance’s Fiber...
Indian multinational conglomerate company, Reliance Industries Limited said that the Abu Dhabi Investment Authority (ADIA) and Saudi Arabia's Public Investment Fund (PIF) have invested...
Saudi PIF fund may invest in Lulu group; Initial talks started
According to the reports, the Saudi sovereign wealth fund, Public Investment Fund (PIF), is in active talks to acquire a stake in the Lulu...
Gulf investors in talks with Reliance Retail for stakes
The global investors and sovereign wealth fund (SWF) has been eyeing the retail unit of the Asian billionaire Mukesh Ambani’s Reliance group since his...
Saudi PIF eyes stake in Alibaba’s Ant Group
Saudi Arabia's Public Investment Fund (PIF) is reportedly considering a potential investment in the initial public offering (IPO) of the world's highest-valued FinTech company,...
