Tag: PIF
Saudi Arabia investment fund assets surged 26% to reach $117.87bn in...
As per Saudi Arabia’s government financial regulatory body Capital Market Authority's (CMA) new data, the total amount of assets held by investment funds in...
Saudi’s Amaala inks deal with government entity to attain technology goals
The luxury tourism project along the Red Sea in Saudi Arabia, Amaala has joined forces with the Saudi Federation for Cyber Security, Programming and...
Saudi’s PIF launches Soudah Development Company; $3bn tourism projects in pipeline
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister and Chairman of the Public Investment Fund (PIF)...
PIF-backed Lucid Motors to launch Tesla’s model 3 rival by 2025
The chief executive officer of Saudi Arabia’s Public Investment Fund (PIF) backed American luxury electric car maker Lucid Motors said that the company plans...
Saudi PIF becomes anchor investor in NBK Capital Partners’ new Shariah...
Kuwait’s leading investment management firm Watani Investment Company’s (NBK Capital) alternative investments arm, NBK Capital Partners has completed the first close of a new...
Saudi Arabia to invest $220bn to place Riyadh among top city...
Saudi Arabia will be investing $220 billion to position Riyadh among the top ten city economies of the world by 2030 and expects to...
PIF-backed Cruise Saudi to boost the tourism sector in the Kingdom
The sovereign wealth fund of Saudi Arabia, Public Investment Fund (PIF) has launched a company named Cruise Saudi, following the country’s aim to become...
Saudi PIF’s new investment plans will diversify the local economy; NCB...
Saudi Arabia’s investment banking and asset management company, NCB Capital has stated that the plans of the Kingdom's Public Investment Fund (PIF) to invest...
