Monday, May 26, 2025

Saudi Public Investment Fund

Saudi Public Investment Fund’s “Ayar” intends to buy new shares in Lucid Electric Car Company

Lucid plans to offer more than 260 million shares in an IPO, in addition to about 375 million shares to its main shareholder, the Saudi Public Investment Fund. Aiar, a subsidiary of Saudi Arabia's Public Investment Fund, announced that it...

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...

The Saudi Public Investment Fund sponsors the classification of the World Association of Women’s Tennis Professionals

The Saudi Public Investment Fund is the first naming rights partner for the WTA rankings. Had won Saudi Public Investment Fund “PIF” acquired the rights to sponsor the World WTA rankings in a multi-year agreement announced on Monday. The official website...

Saudi Arabia plans to create the largest city center in the world

The new downtown area is located at the intersection of King Salman and King Khalid Roads northwest of Riyadh, covering an area of ​​19 square kilometers (12 miles), to accommodate hundreds of thousands of residents. A real estate development company...

Latest News

Flydubai resumes daily flights to Damascus

Flights are now available for sale, underscoring the carrier's commitment to connecting underserved markets to Dubai. announced Flydubai Today, Emirates...

32 countries allow UAE residents to travel directly to without a visa

Many countries offer visa-on-arrival or visa-free entry benefits. For residents In the UAE, regardless of their nationality, thanks to the UAE's strong global standing...

UAE to start verifying Emiratisation targets for private companies from July 1

Authorities in the UAE will begin verifying private sector companies' compliance with Emiratisation targets starting July 1. Additionally, the Ministry of Human Resources and...

UAE: When is Eid Al Adha? Likely first day of Dhul Hijjah revealed

Eid Al Adha, the festival of sacrifice, is just around the corner. The holiday falls on the ninth day of Dhul Hijjah and marks...

UAE travel for Hajj, Eid Al Adha: Emirates announces 46 special flights

For this year's Hajj season, Emirates announced 33 special flights to Jeddah and Madinah operating until May 31, and between June 10 and 16,...