The sovereign wealth fund of Saudi Arabia, thePublic Investment Fund (PIF), has agreed to jointly set up a new investment fund with theHong Kong Monetary Authority (HKMA). Under the memorandum of understanding signed on 31 October 2024, the fund will focus on manufacturing, renewables, fintech...
Saudi Arabia’s Public Investment Fund, which already has a 10 percent stake in the Selfridges properties, is offering a cash price of 1 million British pounds for a 40 percent stake in the retailer. The investment firm would be buying the stake from Signa, which purchased Selfridges in a ...
Saudi Arabian sovereign wealth fund Public Investment Fund (PIF) has signed a purchase agreement to acquire a 100% stake in Saudi Iron and Steel Company (Hadeed SABIC) from the Saudi Basic Industries Corporation (SABIC), Metal Expert learnt from the official source.World Steel Capacity News...
Saudi Arabia's Public Investment Fund, the backers of LIV Golf, is reportedly nearing a deal to acquire a 6% stake in PGA Tour Enterprises. According to a report Tuesday fromBloomberg, that minority stake would indicate a valuation of about $12 billion, which is in alignment with the terms...
"PIF is putting more conditions on mandates for fund managers, telling them it wants to see more investment in Saudi Arabia," sovereign fund tracker GlobalSWF said. "However, PIF has struggled to win co-investment partners in some of its massive investment projects, parti...
The Public Investment Fund (PIF) of Saudi Arabia is a powerful tool that plays a vital role in the Kingdom’s economic development. With its significant financial resources, the PIF is driving investments that contribute to the growth of various sectors and the realization of Vision 2030. It ...
Signing of a Memorandum of Understanding with the Public Investment Fund (PIF) of the Kingdom of Saudi Arabia Japan SMBC Saudi Arabia PIF time: 2024-11-07 14:43:50 views: 15257 PIF and Hong Kong Monetary Authority sign memorandum of understanding forinvestment fundat FII8 ...
RIYADH, April 30 (Xinhua) -- Saudi Arabia announced the plan to launch a Riyadh-based multi-asset investment management platform on Tuesday. Under a memorandum of understanding (MoU) signed by BlackRock Saudi Arabia and the Saudi Public Investment Fund (PIF), BlackRock will establish a Riyadh-...
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Understanding the Public Investment Fund of Saudi Arabia The Public Investment Fund has supported numerous projects in important sectors of the Saudi Arabian economy, including petroleum refineries, petrochemical industries, pipelines and storage, transportation, energy, minerals, water desalination, and infra...