Saudi Arabia’s Public Investment Fund (PIF) has agreed to buy a 54 per cent stake in the Gulf state’s MBC Group media conglomerate for SAR 7.5 billion (US$2 billion).

Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), has signed five Memorandums of Understanding (MoU) ...

Yasir Al-Rumayyan says Saudi Arabia's Public Investment Fund will cut proportion of spend overseas to as little as 18%.

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, ...

Saudi Arabia’s $925 billion Riyadh-based sovereign wealth fund, Public Investment Fund, has formed two further anchor ...

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 ...

PIF is the investment engine driving economic transformation for Saudi Arabia and the world. With an ambitious program to ...

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 ...

Saudi Arabia’s PIF has announced the signing of five memorandums of understanding (MoUs) worth up to $51bn with leading Japanese financial institutions. The MoUs are a key part of PIF’s strategy to ...

Liverpool have had plenty of success under current owners Fenway Sports Group but this hasn’t stopped rumours of a potential ...

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MADRID, 31 (EUROPA PRESS) El fondo soberano de Arabia Saudí, Public Investment Fund (PIF), ha anunciado este jueves la firma de cinco memorandos de entendimiento (MdE) con entidades financieras japone ...