sovereign wealth funds

Saudi Arabia’s PIF successfully prices inaugural $831 million sterling-denominated bonds

Banking & Finance

Saudi Arabia’s PIF successfully prices inaugural $831 million sterling-denominated bonds

Offering includes a GBP300 million tranche with a 5-year coupon and a GBP350 million tranche with a 15-year coupon

Saudi Arabia’s ACWA Power inks $800 million deal with Senegal for desalination project

Saudi Arabia’s ACWA Power inks $800 million deal with Senegal for desalination project

The plant, known as the Grande Côte seawater desalination plant, will have a capacity of 400,000 cubic meters per day

Lucid secures $1 billion investment from Saudi Arabia’s PIF, boosting shares by 18 percent

Lucid secures $1 billion investment from Saudi Arabia’s PIF, boosting shares by 18 percent

The Saudi government currently holds a 60 percent stake in Lucid

Saudi Arabia’s PIF inches closer to $1 trillion in assets

Saudi Arabia’s PIF inches closer to $1 trillion in assets

Strategic acquisitions and diversification drive growth trajectory

Saudi Arabia’s Crown Prince transfers another 8 percent of Aramco shares to PIF

Saudi Arabia’s Crown Prince transfers another 8 percent of Aramco shares to PIF

The state's ownership of the Aramco's shares now stands at 82.186 percent

Saudi Arabia’s PIF and ATP forge long-term strategic partnership to drive global tennis expansion

Saudi Arabia’s PIF and ATP forge long-term strategic partnership to drive global tennis expansion

Saudi Arabia signs six MoUs to boost education, investment, and sustainability efforts

Saudi Arabia signs six MoUs to boost education, investment, and sustainability efforts

The agreements align with the goals of Vision 2030

Saudi Arabia’s PIF acquires 40 percent stake in Zamil Offshore Services Company

Saudi Arabia’s PIF acquires 40 percent stake in Zamil Offshore Services Company

The investment aims to enhance the financial resources of Zamil Offshore

PIF Private Sector Forum strengthens economic vision through strategic partnerships

PIF Private Sector Forum strengthens economic vision through strategic partnerships

Event concludes with commitment to Saudization and private sector empowerment

Diriyah project attracts $6 billion in private sector investments

Hospitality & Tourism

Diriyah project attracts $6 billion in private sector investments

Company to break ground on 11 new assets by the end of 2024

Rua Al Madinah secures contracts worth over $79 million to drive hospitality industry forward

Hospitality & Tourism

Rua Al Madinah secures contracts worth over $79 million to drive hospitality industry forward

Deals were signed during PIF Private Sector Forum

PIF Private Sector Forum: stc Group signs raft of strategic agreements to enhance local content

PIF Private Sector Forum: stc Group signs raft of strategic agreements to enhance local content

Agreements align with the objectives outlined in Vision 2030

Saudi Arabia’s PIF attracted over $25 billion worth of investments in three years

Saudi Arabia’s PIF attracted over $25 billion worth of investments in three years

New Contractor Financing Program launched

Saudi Arabia’s PIF launches today second private sector forum, unveiling new local business opportunities

Saudi Arabia’s PIF launches today second private sector forum, unveiling new local business opportunities

Event aims to cultivate partnerships between PIF, its portfolio companies, and the private sector

Alat: Saudi Arabia’s Crown Prince launches new company with projected $9.3 billion GDP impact by 2030

Alat: Saudi Arabia’s Crown Prince launches new company with projected $9.3 billion GDP impact by 2030

New company to help turn Kingdom into electronics, advanced industries hub

Aramco: Saudi Arabia considering a $10 billion share sale

Aramco: Saudi Arabia considering a $10 billion share sale

As soon as February

GCC sovereign wealth funds among world’s top 15

GCC sovereign wealth funds among world’s top 15

With combined assets worth $3.69 trillion