PIF launches company to develop Al-Khafji as Kingdom’s mega coastal tourism hub
Gulf Coast Development Company will build 16,000 homes, 1,400 hotel rooms and a 10km waterfront as Saudi Arabia expands tourism investment...
Tag : Public Investment Fund
Saudi Arabia’s New Murabba replaces CEO as PIF rethinks giga-projects
PIF executive Sabah Barakat takes charge as the Riyadh development faces a longer timeline and tighter spending priorities under Vision 2030...
PIF-led consortium seals USD 55 billion EA acquisition in gaming industry’s mega-deal
The consortium includes Affinity Partners, the private equity firm founded by Jared Kushner, as well as technology-focused investment firm Silver Lake...
Brookfield accumulates capital worth USD 2 billion for Middle East Fund
BMEP leverages Brookfield’s expertise in the Middle East and across its broader global network to pursue buyouts and other investment opportunities...
Oil prices force PIF retrenchment
The PIF’s transformative importance across the Saudi economy and for entire supply chains spanning the globe is difficult to overstate...
BlackRock’s new bait in Asia: Partnerships with Gulf-based wealth funds
BlackRock’s 2026 outlook for the Gulf region calls for a push for investments in domains like artificial intelligence and infrastructure development...
PIF reports 19% assets growth, USD 171 billion invested in priority sectors since 2021
The findings demonstrate PIF's growing contribution to Saudi Arabia's economic development and the formation of international markets...
Further boost for Saudi Vision 2030? PIF swings to USD 36.8 billion profit in 2023
Saudi Arabia has invested hundreds of billions of dollars through the PIF in projects under the Vision 2030 plan...
Saudi’s new growth engine, asset management industry, gets PIF boost
Having an upscale asset management business will definitely benefit the overall PIF objective in terms of adhering to best practices, governance, generating return and compliance...
SAFE: GCC’s trusted security partner
SAFE provides top-notch security consulting to its clients and partners through innovative measures...