Tag: PIF
PIF launches ‘Saudi coffee company’ to support national coffee industry
Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF) has launched the Saudi Coffee Company, which intends to invest nearly $320 million (SR1.2...
Saudi PIF & STC Group join to establish IoT Company
The Saudi Public Investment Fund (PIF) and STC Group have signed a joint venture (JV) agreement to establish a new company, specializing in the...
5 leading Saudi companies join PIF’s Voluntary Carbon Market Initiative
The Saudi Public Investment Fund (PIF) has revealed that five leading Saudi Arabian businesses have signed a separate non-binding Memorandum of Understanding (MoU) to...
Saudi’s MISA, PIF-backed Jada team up to foster startup ecosystem
The Ministry of Investment of Saudi Arabia (MISA) and Jada, a fund of funds company fully owned by the Public Investment Fund (PIF), have...
Saudi wealth fund PIF opens subsidiary offices in London, NY &...
Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF) has opened three new subsidiary offices in London, New York and Hong Kong, as...
Zain KSA to sell ‘8,069 tower’ infrastructure for $807mn to PIF-led...
Saudi Arabia’s second-largest telecom company, Zain KSA has approved the binding offer submitted by a consortium led by the Kingdom’s sovereign wealth fund, Public...
Saudi Arabia transfers 4% of Aramco’s shares to PIF
Saudi Arabia has transferred 4 percent of shares of the state-owned oil giant, Saudi Aramco to the Kingdom’s sovereign wealth fund, Public Investment Fund...
Saudi PIF to buy majority stake in Dubai’s Depa via $40.84mn...
Dubai-based publicly-listed interior construction and manufacturing firm, Depa has entered into a definitive subscription agreement with Saudi Arabia's sovereign wealth fund, Public Investment Fund...
