FeaturedTransportSaudi EV startup Ceer unveils Exobot line-up with Tron-inspired designInternational Finance Business DeskSeptember 23, 2026September 22, 2026 by International Finance Business DeskSeptember 23, 2026September 22, 2026 Ceer is a joint venture between Saudi Arabia's sovereign wealth fund, the PIF, and Taiwanese electronics manufacturer Foxconn... Read more
FeaturedReal EstatePIF launches company to develop Al-Khafji as Kingdom’s mega coastal tourism hubInternational Finance Business DeskSeptember 9, 2026September 9, 2026 by International Finance Business DeskSeptember 9, 2026September 9, 2026 Gulf Coast Development Company will build 16,000 homes, 1,400 hotel rooms and a 10km waterfront as Saudi Arabia expands tourism investment... Read more
FeaturedReal EstateSaudi Arabia’s New Murabba replaces CEO as PIF rethinks giga-projectsInternational Finance Business DeskSeptember 2, 2026September 2, 2026 by International Finance Business DeskSeptember 2, 2026September 2, 2026 PIF executive Sabah Barakat takes charge as the Riyadh development faces a longer timeline and tighter spending priorities under Vision 2030... Read more
FeaturedFinanceBNP Paribas establishes regional hub in Riyadh as Saudi solidifies financial ambitionsInternational Finance Business DeskAugust 27, 2026August 27, 2026 by International Finance Business DeskAugust 27, 2026August 27, 2026 France’s largest bank now joins over 750 multinationals in Saudi Arabia’s push to become a premier financial centre in the Middle East... Read more
FeaturedTechnologyPIF-led consortium seals USD 55 billion EA acquisition in gaming industry’s mega-dealInternational Finance Business DeskAugust 7, 2026August 6, 2026 by International Finance Business DeskAugust 7, 2026August 6, 2026 The consortium includes Affinity Partners, the private equity firm founded by Jared Kushner, as well as technology-focused investment firm Silver Lake... Read more
Asset ManagementFeaturedBrookfield accumulates capital worth USD 2 billion for Middle East FundInternational Finance Business DeskAugust 4, 2026August 4, 2026 by International Finance Business DeskAugust 4, 2026August 4, 2026 BMEP leverages Brookfield’s expertise in the Middle East and across its broader global network to pursue buyouts and other investment opportunities... Read more
FeaturedTechnologySaudi Arabia targets to become world’s largest AI token exporter: Humain CEO Tareq AminIFM CorrespondentFebruary 17, 2026 by IFM CorrespondentFebruary 17, 2026 Tareq Amin further revealed that Saudi Arabia plans to launch and commercialise its own operating system in the coming months... Read more
Banking and FinanceMagazineOil prices force PIF retrenchmentIFM CorrespondentDecember 15, 2025March 12, 2026 by IFM CorrespondentDecember 15, 2025March 12, 2026 The PIF’s transformative importance across the Saudi economy and for entire supply chains spanning the globe is difficult to overstate... Read more
Asset ManagementFeaturedPIF reports 19% assets growth, USD 171 billion invested in priority sectors since 2021IFM CorrespondentSeptember 2, 2025 by IFM CorrespondentSeptember 2, 2025 The findings demonstrate PIF's growing contribution to Saudi Arabia's economic development and the formation of international markets... Read more
FeaturedWealth ManagementFurther boost for Saudi Vision 2030? PIF swings to USD 36.8 billion profit in 2023IFM CorrespondentJuly 11, 2024 by IFM CorrespondentJuly 11, 2024 Saudi Arabia has invested hundreds of billions of dollars through the PIF in projects under the Vision 2030 plan... Read more