Finance News – Pif
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What's behind the $8 billion hit to Saudi Arabia's massive wealth fund
Despite recent challenges resulting in substantial losses, Saudi Arabia's sovereign wealth fund experienced a notable increase in assets last year, reinforcing its position among t...
Read Full Article →Saudi Arabia’s PIF makes $8bn writedown on value of flagship megaprojects
The Public Investment Fund’s decision to adjust asset values reflects challenges like increased costs and shifting market conditions, impacting the overall economic outlook of its...
Read Full Article →Surj leads £30m investment in T100 to bolster Saudi Olympic ambitions
Surj Sports Investment contributed £30 million to the Professional Triathlon Organisation, aiming to strengthen triathlon development and support Saudi Arabia's broader goals in Ol...
Read Full Article →Surj Sports chief: Saudi parent PIF, investing and league focus
The involvement of Saudi Arabia’s Public Investment Fund in sports has intensified global financial interest, influencing investment patterns and strategic directions within major...
Read Full Article →Fifa strengthens Saudi ties as PIF joins Club World Cup sponsors
The involvement of Saudi Arabia’s Public Investment Fund as a new sponsor of the Club World Cup introduces substantial financial support, enhancing the tournament’s commercial valu...
Read Full Article →Saudi AI company courts US tech investors and plans $10bn fund
A Saudi-backed artificial intelligence firm aims to attract American technology investors and establish a $10 billion fund to leverage the country’s economic resources for global i...
Read Full Article →Aston Martin: Value of PIF and Geely billionaire’s shares falls after investment
The recent issuance of additional shares in Aston Martin has reduced the worth of the holdings owned by Saudi Arabia's investment fund and Chinese billionaire Shufu Li.
Read Full Article →Saudi Arabia’s PIF sponsors new $13m prize golf series
The Public Investment Fund’s commitment of $13 million as the main sponsor introduces a significant financial boost to the upcoming Ladies European Tour golf events.
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