Iran war: Indian alternative investment firms in Gulf stare at sea of uncertaintyIndian investment firms face a pause in Gulf capital. Regional conflict makes investors cautious. High-net-worth individuals and family off...
Saudis now want sports to make money, clouding LIV Golf’s futureSaudi Arabia is reportedly scaling back its ambitious sports investments, including LIV Golf, shifting focus from cultural influence to fin...
Saudi to focus $925 billion fund on domestic economy under new 5-year planSaudi Arabia's Public Investment Fund is shifting focus to domestic growth. A new five-year strategy prioritizes six key themes including t...
SpaceX has held talks with Saudi fund for possible $5 billion investment in IPOElon Musk's SpaceX has had discussions with Saudi Arabia's Public Investment Fund about PIF potentially taking an anchor stake of around ...
Global Market: Saudi Wealth Fund to maintain global betsSaudi Arabia's wealth fund, the Public Investment Fund, is committed to global investments. Governor Yasir Al Rumayyan stated the fund's st...
Cristiano Ronaldo set to boycott second-successive Saudi Pro League game due to frustrations with PIF, could leave Al Nassr by JuneThe Al-Nassr star had not featured in the club's 1-0 win over Al Riyadh on Monday, in protest of PIF's alleged lack of investment in Al Nas...
Saudi Arabia considers transferring state airline Saudia to PIF, sources saidSaudi Arabia may transfer Saudia ownership to PIF, with Flyadeal. Riyadh Air to be hub in Riyadh, Jeddah, focusing on pilgrims and transit ...
The Saudi fund trying to build a post-oil economyThe Public Investment Fund (PIF) of Saudi Arabia, initially a passive sovereign wealth fund, has become a key player in the country's econo...
Saudi Arabia's PIF launches region's first major bond sale since Israel-Hamas conflictThe Public Investment Fund (PIF) plans to issue a dollar-denominated Islamic bond, and mandated Citi, HSBC, JPMorgan and Standard Chartered...
Saudi wealth fund PIF to seek up to $5 bln in Oman investmentsSaudi Arabia has stepped up investments in Oman in a show of support for one of the Gulf's weaker economies as it recovers from the impact ...
Saudi sovereign fund PIF set to raise $3.2 bln in Saudi Telecom stake saleThe deal, which was marketed internationally, is the biggest equity capital market transaction in the Middle East this year, said a source ...
- Saudi sovereign wealth fund scopes banks for ESG framework: Sources
The Public Investment Fund (PIF) sent a request for proposals to banks last month, said the four sources with direct knowledge of the matte...
Saudi sovereign fund PIF says total staff count crossed 1,000 in DecemberThe sovereign fund, which had around 40 employees in 2016, told Reuters in an email that 80 new recruits have been drawn from this year's c...
Saudi Arabia to get sovereign wealth fund dividend, has no tax hike plan: FinMin"We called for part of the dividends, so we are possibly going to receive around 15 to 25 billion Saudi riyals in dividends from PIF," Fina...
Saudi's PIF cuts U.S. stock exposure by $3 bln in Q3, reduces ETFsThe Public Investment Fund (PIF) was holding $7.05 billion worth of U.S. equities as of Sept. 30, compared with nearly $10.12 billion in th...
Saudi's PIF cuts US stock exposure by $3 billion in Q3, reduces ETFsThe Public Investment Fund (PIF) was holding $7.05 billion worth of U.S. equities as of Sept. 30, compared with nearly $10.12 billion in th...
From Lucid to Tesla, Saudi Wealth Fund goes on spending spreeThe investments are part of plans, unveiled after the collapse in crude prices in mid-2014, to turn the PIF into the world’s biggest sovere...