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Website. 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 ...
The Softbank Vision Fund was created in May 2017 by the SoftBank Group and the Public Investment Fund (PIF). [5] [6] $100 billion was raised with PIF contributing $45 billion, SoftBank contributing $28 billion, the Mubadala Investment Company contributing $15 billion and the rest from other investors including Apple. [5]
The Pacific Islands Forum (PIF) is an inter-governmental organisation that aims to enhance cooperation among countries and territories of Oceania, including formation of a trade bloc and regional peacekeeping operations. It was founded in 1971 as the South Pacific Forum (SPF), and changed its name in 1999 to "Pacific Islands Forum", so as to be ...
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]
October 7, 2024 at 11:24 AM. By Amy-Jo Crowley and Elvira Pollina. LONDON (Reuters) - Saudi Arabia's Public Investment Fund is among potential bidders exploring the purchase of a minority stake ...
Saudi Arabia's sovereign wealth fund Public Investment Fund (PIF) sees raising the stakes it holds in Japanese gaming companies as "a possibility," the vice chairman of the fund's gaming entity ...
Roshn Real Estate Company. 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.
The math may sound easy as a 2.5% PIF should equal $2.86. But the PIF in turn gets hit by Colorado’s 2.9% sales tax, which gets mighty confusing unless you’re standing in line next to an ...