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pif.gov.sa. 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$ 925 billion (£ 726.3 billion). [ 2 ] It was created in 1971 for the purpose of investing funds on ...
Saudia Arabia is giving the Public Investment Fund an 8% stake in Saudi Aramco worth about $163 billion, nearly the same size as Uber's market cap. ... Aramco will report full-year earnings for ...
The Public Investment Fund of Saudi Arabia purchased an 80% stake in Newcastle United [1]. The 2021 takeover of Newcastle United F.C. by a consortium of the Saudi Public Investment Fund (PIF), PCP Capital Partners, and the Reuben Brothers was a takeover proceeding that commenced in April 2020 and was successfully concluded in October 2021.
The lineup shows Saudi Arabia's growing appeal as an investor, partner, and place to do business. CEOs flock to Saudi-backed summit where sovereign wealth fund promises $70 billion in annual ...
Reliance Industries Limited. Yasir bin Othman Al-Rumayyan (Arabic: ياسر الرميان; born 18 February 1970) is a Saudi businessman who is governor of the Public Investment Fund (PIF), the sovereign wealth fund of the Kingdom of Saudi Arabia. He also serves as the chairman of English football club Newcastle United and the chairman of ...
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. ... Saudi Arabia’s sovereign-wealth fund, recently ...
A sovereign wealth fund (SWF), or sovereign investment fund is a state-owned investment fund that invests in real and financial assets such as stocks, bonds, real estate, precious metals, or in alternative investments such as private equity funds or hedge funds. Sovereign wealth funds invest globally. Most SWFs are funded by revenues from ...
The country's sovereign wealth fund known as the Public Investment Fund, or PIF, has been a key element of Mohammed's pl ... Last year, the prince transferred another 4% stake to the Saudi Arabian ...