Al-Monitor7d
Saudi's PIF downsizes foreign investment, turns to AI, domestic priorities
Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...
Pharmaceutical Technology18d
Unresolved clawback issues obstruct Greece’s potential pharmaceutical framework agreement
A potential three-year framework agreement between the Greek government and the pharmaceutical industry, starting at the ...
The Sugar Daddy Effect? Assessing Corporate Venture Capital, Sovereign Funds And Green Energy
Corporate venture capital is likely to not only be more diverse, across CVC arms, but even within the same CVC arm, ...
Arabian Business3d
Saudi Arabia’s PIF to acquire controlling $2bn stake in MBC
Image: Supplied Saudi Arabia’s Public Investment Fund (PIF) is set to acquire a 54 per cent stake in broadcast giant MBC for SR7.47bn ($2bn). It comes as PIF, which manages assets exceeding $900bn, ...
Bloomberg L.P.2d
Middle East’s Top Broadcaster Jumps 10% as Saudi PIF Buys Stake
The PIF, as the fund is known, is set to acquire 54% of MBC Group from Saudi Arabia’s Ministry of Finance, represented by Istedamah Holding Company, according to a statement ...
Gulf Business6d
Saudi wealth fund PIF to anchor Brookfield’s $2bn Middle East fund
Saudi Arabia’s Public Investment Fund (PIF) said on Wednesday that it signed an MoU with Brookfield Asset Management, under which the $925bn fund will serve as a strategic anchor investor for ...
Channel NewsAsia Singapore5d
Saudi Arabia's PIF signs MoUs worth up to $51 billion with Japanese banks
DUBAI : Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), has signed five Memorandums of Understanding (MoU) with Japanese financial institutions worth up to an overall $51 ...
Arabian Business8d
Saudi Arabia’s PIF pivots to domestic focus, eyes AI revolution, says Al-Rumayyan
Saudi Arabia’s Public Investment Fund (PIF), managing assets exceeding $900 billion, announced plans to reduce its foreign holdings from 30 per cent to 18-20 per cent, while intensifying its focus on ...
The Mirror7d
LIV Golf's Saudi Arabia backers set to cut spending as drastic changes planned
The Saudi Arabia Public Investment Fund (PIF), which bankrolls LIV Golf and owns Newcastle United, has announced plans to curb its spending. PIF has invested billions of pounds in projects across ...
Daily Express6d
DP World Tour star exposes Saudi PIF's £135m takeover plan - 'I was told'
Saudi Arabia's Public Investment Fund (PIF) are hoping to take over one of the most prestigious golf courses in England, according to DP World Tour golfer Eddie Pepperell. Wentworth bosses charge ...
Gulf Business8d
Saudi wealth fund PIF tells FII gathering it will cut overseas investments
Speaking on a panel of business, technology and finance leaders, Public Investment Fund (PIF) governor Yasir Al-Rumayyan said the sovereign wealth fund was more focused on the domestic economy and ...
AI Alarabiya7d
Saudi Arabia has become ‘transformative force for progress’: PIF Governor
Saudi Arabia has become a transformative force for progress in the world, the governor of the Public Investment Fund (PIF) said Monday, as the eighth edition of the Future Investment Initiative ...