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The Public Investment Fund (PIF; Arabic: صندوق الاستثمارات العامة) is the sovereign wealth fund of Saudi Arabia.It is among the largest sovereign wealth funds in the world with total estimated assets of US$930 billion (£718.2 billion). [2]
The Public Investment Fund was started in 1971, and has recently taken a more prominent role in Vision 2030: Saudi Arabia and Crown Prince Mohammed bin Salman’s push to diversify the country’s ...
The Future Investment Initiative Institute, or FII Institute, is a non-profit organisation run by the Public Investment Fund, Saudi Arabia's main sovereign wealth fund. The Future Investment Initiative was announced in September 2017 by Saudi Arabia's Public Investment Fund, to "host an annual event bringing people together to invest in the ...
Roshn (stylized ROSHN; Arabic: روشن) is a real estate development company based in Saudi Arabia. The company was founded in August 2020 by the Saudi Public Investment Fund as one of its Megaprojects. As one of Saudi Arabia's Vision 2030 goals, Roshn aims to enable home ownership to 70% of Saudi nationals. [3]
Public Investment disclosed that it owned a 5.7% stake in the company, a total of 12.3 million shares valued at approximately $500 million. The fund’s stake in Live Nation rose above 5% as of ...
Saudi Arabia's Public Investment Fund (PIF) purchased shares in U.S.-based tech giants, including Alphabet Inc (NASDAQ: GOOG), Zoom Video Communications Inc (NASDAQ: ZM), and Microsoft Corporation ...
Ceer Motors was formed through a partnership between the Saudi Public Investment Fund (PIF) and the Taiwanese contract manufacturer Foxconn. [7] Saudi Arabia's sovereign wealth fund is projected to partner with Apple Inc. to build a $9 billion facility that manufactures microchips, electric-vehicle components and other electronics. [8]
The request stated the move could set a "dangerous precedent" if PIF had to reveal its books.