The Latest Breaking News from PIF

Saudi PIF is Part of Consortium to Acquire European Vodafone Towers

In a move highlighting its interest to invest in the telecommunications sector, Saudi Arabia’s Public Investment Fund (PIF) is looking to finance a deal to acquire a stake in the giant European company, Vodafone. On Tuesday, the Financial Times said Saudi Arabia’s sovereign wealth fund is heading for a new…

Asharq Al-Awsat · Nov 10, 2022

Newcastle make £70m move that may explain why FSG want to sell Liverpool

Newcastle United's owners have committed another capital injection into Liverpool's rivals

Liverpool Echo · Nov 10, 2022

Aramco Saudi Ladies International set to increase purse to $5 million in 2023, matching the men’s PIF Saudi International

"This is a message to all young women that golf is for them, and they can pursue the sport as a passion and as a career.”

USA Today Sports Media Group · Nov 9, 2022

PIF Focuses on Achieving ‘Impact’ for Saudi Economy Development

The Saudi Public Investment Fund’s (PIF) strategy focuses on achieving economic impact through operable sectors, said Abdullah Alsalem, PIF’s head of strategy and planning.

Asharq Al-Awsat · Oct 30, 2022

Saudi Crown Prince: PIF to Establish Five Regional Investment Companies

Saudi Crown Prince Mohammed bin Salman, Prime Minister, Chairman of the Council of Economic and Development Affairs and Chairman of the Public Investment Fund, announced on Wednesday that the Fund will establish five companies aimed at investing in Bahrain, Iraq, Jordan, Oman, and Sudan. The announcement follows the launch of…

Asharq Al-Awsat · Oct 26, 2022

Future Investment Initiative: Innovation Is Key to Enhancing Global Human Capabilities

Governor of the Saudi Public Investment Fund (PIF) Yasir Al-Rumayyan stressed the need for the world to be open to innovation, highlighting the importance of investors joining efforts to achieve long-term ambitions. In remarks on Tuesday at the Future Investment Initiative forum, Al-Rumayyan said that Saudi Arabia has been able…

Asharq Al-Awsat · Oct 26, 2022

Unai Emery's reasons for rejecting Newcastle United after Aston Villa appointment

Emery will return for his second spell in England at Aston Villa - 11 months after turning down Newcastle.

Chronicle Live · Oct 25, 2022

Saudi PIF Establishes Regional Voluntary Carbon Market Company

The Public Investment Fund (PIF) announced the establishment of the Regional Voluntary Carbon Market Company, where PIF holds an 80% stake and Saudi Tadawul Group Holding Company holds a 20% stake in the company.

Asharq Al-Awsat · Oct 25, 2022

PIF Launches Halal Products Development Company

The Public Investment Fund (PIF) announced the launch of the Halal Products Development Company, which will invest in localizing the Halal production industry in Saudi Arabia by increasing the efficiency of the ecosystem locally. The company will also support the development of knowledge and innovation in this key industry, with…

Asharq Al-Awsat · Oct 25, 2022

Australia promises millions in climate, security aid for Pacific

Some 900 million Australia dollars ($565m) will be allocated to the Pacific region, Foreign Minister Penny Wong said.

Al Jazeera · Oct 21, 2022