Saudi Arabia is in a race to secure more outside money to keep ambitious plans to diversify its economy on track. The country set itself a lofty target to attract $100 billion in annual foreign direct investment by the turn of the decade. It reached about a quarter ...
Saudi Arabia's Public Investment Fund (PIF), purchased a 40% stake in Zamil Offshore Services Co, Saudi media reported on February 19. Zamil Offshore is one of the country's largest offshore support vessel operators and construction service providers. The deal comes amid a flurry of Saudi ...
Saudi Arabia's Public Investment Fund in December 2020 acquired over $3 billion of stock in Activision Blizzard, Electronic Arts, and Take-Two Interactive.The fund is part of crown prince Mohammed bin Salman's plan to make Saudi Arabia less reliable on oil....
Saudi Arabia’s Public Investment Fund (PIF), a fund set up to invest on direct behalf of the Saudi Arabian government and currently worth $500 billion, has bought a significant stake in Nintendo. The investment makes Saudi Arabia the fifth-largest shareholder of Nintendo shares. ...
Investment Fund (PIF) is one of the largest sovereign wealth funds in the world. As of 2021, the fund’s total assets under management are reportedly around $430 billion. This vast amount of capital allows the PIF to pursue ambitious investment opportunities both within Saudi Arabia and ...
The State Investment Fund of Saudi Arabia invest 10 billion USD in Russia, sending a strong signal of convergence of views between Moscow and Riyadh. The fund
Saudi Arabia's recent commitment to invest in the SoftBank Venture Fund is a further proof of its determination to have Vision 2030 succeed.
Ministry of Investment of Saudi Arabia focuses on investment promotion within the country, operating in the investment and economic development sector. The organization facilitates investor introductions to key stakeholders, provides advisory services from planning to aftercare, and promotes competitive regulat...
QPR Software will deliver our Strategy and Performance Management software to the Public Investment Fund (PIF) from Saudi Arabia. PIF is the sovereign wealth fund of Saudi Arabia and it seeks to become one of the largest sovereign wealth funds in the world. PIF is building a world-class ...
The Public Investment Fund (PIF) of Saudi Arabia was established in 1971 and is that nation's sovereign wealth fund. It provides financing for productive commercial projects that are strategically significant to the development of the Saudi Arabian economy. The fund complements private sector efforts ...