Sunday, May 18, 2025

Public Investment Fund

Saudi Arabia’s Public Investment Fund issues 7-year dollar-denominated sukuk

Saudi Arabia's Public Investment Fund is heading to the international bond market for the second time this year. It started Saudi Public Investment Fund PIF recently took practical steps to expand its international financing channels, as it began receiving bids...

Saudi Tabreed prepares for an initial public offering in 2025

Saudi Arabia's Public Investment Fund acquired a 30% stake in Saudi Tabreed in 2022. The company intends to Saudi Cooling “Cooperating with Citigroup and SNB Capital to explore the possibility of an initial public offering in Riyadh,” according to a...

Saudi Public Investment Fund assets grow 29% by end of 2023

Total assets under management of the Saudi Public Investment Fund currently amount to approximately $925 billion. The total value of assets managed by the Saudi Public Investment Fund exceeded about 2.87 trillion riyals (equivalent to 765.6 billion dollars) by December...

The Saudi Public Investment Fund is interested in investing in Brazil

The Public Investment Fund’s announcement of its interest in investing in Brazil represents an important step in strengthening economic relations between the two countries and opening new horizons for cooperation in various sectors. Yasser Al-Rumayyan, Governor, expressed his opinion Public...

The Saudi Public Investment Fund issues bonds in British pounds

The Saudi Public Investment Fund authorized several banks to offer unsecured senior bonds for 5 and 15 years. Informed sources said: Saudi Public Investment Fund He decided to issue bonds in British pounds, as part of his efforts to diversify...

The Saudi Public Investment Fund focuses more on local projects

About 27% of the Public Investment Fund's assets are located outside Saudi Arabia Plan Public Investment Fund Saudi Arabia to increase annual spending to up to $70 billion, while executives at three alternative investment firms privately expressed concerns that the...

Saudi Public Investment Fund announces the launch of the “NEO” space group

Neo Space Group will focus on investing in startups and promoting technology in the space sector. The company's goal is to develop commercial activities in the Kingdom by providing innovative solutions for satellite and space services. In a step towards...

Saudi Public Investment Fund Sukuks attract $16 billion

Saudi Public Investment Fund bonds were issued at a premium of 85 basis points over US Treasury bonds. Issued Public Investment Fund Saudi Arabia, the Kingdom’s sovereign wealth fund, issued seven-year dollar-denominated sukuk worth $2 billion after attracting more than...

Saudi SABIC turns to loss in 2023

SABIC was founded in 1977, and the oil giant Saudi Aramco has owned 70% of its shares since 2020. The company's profits are closely linked to the growth of the global economy, as its products, such as plastics, fertilizers,...

Latest News

UAE announces new cybersecurity rules for drones

Abu Dhabi: The UAE Cybersecurity Council (CSC) has unveiled the nation’s first comprehensive Drone Cybersecurity Guidelines. These were developed in...

UAE Blue Visa: Which jobs could get you the 10-year residency permit

A new 10-year UAE 'Blue Residency' announced recently could create hundreds of job opportunities for those who care about the environment, experts have said....

UAE: No visa required from Indian, Pakistani, Filipino residents to visit these countries

Citizens of many countries struggle and find it challenging to get visa-free entry to many countries. However, some countries from Africa, Oceania and Asia regions...

UAE Launches 180-Day Permit for Expats to Apply for Blue Residency Visa

The UAE has introduced a 180-day multiple-entry permit allowing expats to apply for the Blue Residency visa — a 10-year residency offered to individuals...

Sheikh Hamdan announces new leaders for key Dubai government entities

Dubai: Following the approval of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, in his capacity...