The Latest Breaking News from PIF

Aston Martin launches £575m rights issue backed by Saudi Arabia’s PIF

Aston Martin said the new funding will be used to pay down its debts and to improve the firm’s liquidity.

The Independent UK · Sep 5, 2022

PIF Launches National Real Estate Registration Services Co.

Saudi Arabia’s Public Investment Fund (PIF) has launched the National Real Estate Registration Services Co.

Asharq Al-Awsat · Sep 5, 2022

PIF Launches National Real Estate Registration Services Company

The Saudi Public Investment Fund (PIF) announced on Sunday the launch of the National Real Estate Registration Services Company (RER), to contribute to the digitization and development of the local real estate sector through a comprehensive digital platform, in cooperation with the Real Estate General Authority and other government entities.…

Asharq Al-Awsat · Sep 4, 2022

Newcastle and Chelsea part-owners make £747m investment as boardroom links strengthened further

The PIF and Cain International are investing £747m in the Aman Group at a time when Newcastle United and Chelsea's new owners already have a productive relationship

Chronicle Live · Aug 16, 2022

Saudi Arabia's PIF, Cain Invest $900 Mln in Hotelier Aman Group

Saud Arabia's Public Investment Fund (PIF) and London-based real estate investment firm Cain International said on Monday they had invested $900 million in luxury hotel group Aman, which Cain said valued Aman at $3 billion. The PIF and Cain said, in separate announcements, the investment would support Aman Group's "global…

Asharq Al-Awsat · Aug 15, 2022

Saudi PIF Acquires Stakes in 4 Egyptian Companies Worth $1.3b

The Saudi Egyptian Investment Company (SEIC), owned by Saudi Arabia's state-owned Public Investment Fund (PIF), has bought minority stakes in four Egyptian companies for $1.3 billion, Egypt's planning ministry said on Wednesday. The companies are Abu Qir Fertizilers and Chemical Industries, Misr Fertilizers Production Company, Alexandria Container and Cargo Handling,…

Asharq Al-Awsat · Aug 11, 2022

PIF Invests in Egypt, Has Eyes on Heathrow

The Saudi Egyptian Investment Co., a newly launched investment firm of the Kingdom’s Public Investment Fund, has agreed to buy 25 percent shares of Misr Fertilizer Production Co., Egyptian sources said Tuesday. Meanwhile, Spain's Ferrovial is looking at options for its 25% stake in London's Heathrow, two sources told Reuters,…

Asharq Al-Awsat · Aug 10, 2022

Newcastle United transfer gossip amid James Maddison, Jack Harrison and Kamaldeen Sulemana latest

Today's transfer rumour mill features three familiar faces who have been linked with the Magpies in recent times

Chronicle Live · Aug 6, 2022

PIF Launches Saudi Egyptian Investment Company

The Saudi Public Investment Fund (PIF) launched on Friday the Saudi Egyptian Investment Company (SEIC) to invest in promising sectors throughout Egypt, one of the world’s emerging markets. SEIC will invest in priority sectors including but not limited to, infrastructure, real estate development, health care, financial services, food and agriculture,…

Asharq Al-Awsat · Aug 5, 2022

Saudi PIF Agrees with Oman’s Rakiza on Investment worth $299 Million

Oman’s Rakiza announced that it received a capital commitment of $299 million from the Saudi Public Investment Fund (PIF). Rakiza is a private equity infrastructure fund co-managed by Oman Infrastructure Investment Management (OIM) and Equitix. The fund Rakiza invests in Oman and Saudi Arabia and invests in various sectors, namely…

Asharq Al-Awsat · Aug 3, 2022