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Saudi Arabia's Public Investment Fund (PIF)

PIF to sell Thiqah to Elm in $907m deal to strengthen Saudi Arabia’s ICT sector

PIF to sell Thiqah to Elm in $907m deal to strengthen Saudi Arabia’s ICT sector

  • Deal involves the purchase of 45,000 shares, each with a nominal value of $266.56
  • Sale aims to foster digital transformation, create high-skilled jobs, and support economic diversification
By MIGUEL HADCHITY  ·
PIF completes acquisition of 23% stake in Saudi Re to bolster local insurance sector

PIF completes acquisition of 23% stake in Saudi Re to bolster local insurance sector

By MIGUEL HADCHITY  ·
Saudi Arabia’s PIF completes $7bn inaugural murabaha credit facility

Saudi Arabia’s PIF completes $7bn inaugural murabaha credit facility

By NOUR EL-SHAERI    ·
PIF’s Diriyah Co. awards $202m contract for 2nd phase excavation works 

PIF’s Diriyah Co. awards $202m contract for 2nd phase excavation works 

By Nour El-Shaeri ·
Saudi Arabia’s PIF wins 2024 Middle East PMO of the Year award

Saudi Arabia’s PIF wins 2024 Middle East PMO of the Year award

By Nirmal Narayanan ·
PIF launches Adeera to redefine Saudi hospitality with local brands

PIF launches Adeera to redefine Saudi hospitality with local brands

By Miguel Hadchity ·
Saudi PIF to offer 2% of Saudi Telecom Co. shares to investors

Saudi PIF to offer 2% of Saudi Telecom Co. shares to investors

By REEM WALID  ·
PIF’s EV maker Ceer secures advanced drive systems through new partnership 

PIF’s EV maker Ceer secures advanced drive systems through new partnership 

By Nour El-Shaeri ·
Saudi Arabia’s PIF to acquire 54% stake in MBC Group

Saudi Arabia’s PIF to acquire 54% stake in MBC Group

By Nirmal Narayanan ·
Saudi Arabia’s Qiddiya Investment Co. and Globant partner in immersive entertainment push

Saudi Arabia’s Qiddiya Investment Co. and Globant partner in immersive entertainment push

By Nirmal Narayanan ·
Saudi Arabia’s PIF signs MoU with Brookfield to launch $2bn investment platform

Saudi Arabia’s PIF signs MoU with Brookfield to launch $2bn investment platform

By Miguel Hadchity ·
Saudi PIF-backed Lucid Group plans to sell 262.4m shares

Saudi PIF-backed Lucid Group plans to sell 262.4m shares

By NOUR EL-SHAERI    ·
Saudi Arabia’s PIF expands green investments to $19bn across 91 projects

Saudi Arabia’s PIF expands green investments to $19bn across 91 projects

By MIGUEL HADCHITY  ·

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