Tag: 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...
Saudi PIF launches 5-year strategy for Kingdom’s economy
Saudi Arabia’s Public Investment Fund (PIF) has unveiled its five-year strategy, to support the Kingdom to continue its economic transformation.
The sovereign wealth fund will...
Saudi set to offer $6tn worth investment opportunities in next 10...
During his speech at the World Economic Forum (WEF) Saudi Crown Prince Mohammed bin Salman said the kingdom offers investment opportunities worth $6 trillion...
Lucid Motors in talks to set up EV manufacturing plant in...
Saudi Arabia’s Public Investment Fund (PIF) backed American automotive company Lucid Motors is in negotiations to set up an electric vehicle (EV) plant, probably...
