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PIF is a Top-Scorer One Year on From Newcastle Take-Over

11th October, 2022

It is the first anniversary of Saudi Arabia’s Public Investment Fund’s (PIF) takeover of Newcastle United FC in a GBP300 million and it is planning to turn it into a GBP3 billion super-club.

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PIF's Big Performance Disclosure Highlights Global Investment Push

3rd October, 2022

A prospectus for a green bond sale has delivered the biggest insight into Saudi Arabia’s rapidly growing Public Investment Fund (PIF), in a region renowned for the opacity of its sovereign wealth funds.

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Abu Dhabi’s ADQ seeks Strategic Position in Oman’s Economy

28th September, 2022

Abu Dhabi’s US$110 billion state-owned investor ADQ is seizing opportunities in Oman worth over US$8 billion and bolstering bilateral economic and political relations, in partnership with the local US$29 billion sovereign wealth fund Oman Investment Authority (OIA).

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The Big Apple is Blossoming as PIF Begins Hiring for its New NYC Office

20th September, 2022

Saudi Arabia’s Public Investment Fund (PIF) is expanding its international footprint with its New York City office ramping up personnel to originate new deals that support its rapid growth.

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SWFs Are Key Backers of Porsche’s Mega-IPO – And Have Their Eyes on the Future of Motoring

19th September, 2022

The Qatar Investment Authority (QIA), Norway’s Norges Bank, and Abu Dhabi’s ADQ are joining with institutional investor T. Rowe Price as key cornerstone investors in the EUR9.4 billion IPO of Porsche AG, together committing up to EUR3.7 billion - signalling that SWFs' interest in the automotive industry continues to grow.

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PIF Strikes Deal for Saudi Tourism and Launches Airline for NEOM

14th September, 2022

Saudi Arabia’s ambition to become a global tourism destination is led by the US$620 billion Public Investment Fund (PIF), which this week announced it would acquire a 30% stake in Almosafer Travel & Tourism Co., a unit of Riyadh-listed Seera Group Holding for SAR1.55 billion (US$412 million).

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Egypt’s SWF Prepares IPOs with Arab Gulf Backing

8th September, 2022

A new sub-fund is being established by The Sovereign Fund of Egypt (TSFE) to pool assets for public listing, attracting the interest of Gulf region’s sovereign wealth funds

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Saudi Arabia's PIF Flies High With New Flag-Carrier

5th September, 2022

The world is set to see a new major flag carrier in the aviation industry, courtesy of Saudi Arabia’s Public Investment Fund (PIF) which is establishing a new airline with a US$30 billion capital injection.

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Will Saudi's Sovereign Wealth Fund Take Control of Healthcare?

25th August, 2022

Saudi Arabia’s creation of a new Health Holding Company (HHC) raises the prospect that its sovereign wealth fund, the Public Investment Fund (PIF), will follow Abu Dhabi’s ADQ in taking control of local health services both as a strategic concern and as a commercial enterprise.

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QIA Pledges Multi-Billion Investments in Egypt and Pakistan

24th August, 2022

Qatar is a master of punching above its weight in geopolitical and economic terms, using its natural resource wealth to advantage its influence and connections throughout the world.

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PIF Remains Loyal to Lucid Motors, Despite US$8.4bn Loss; Pivots to Tech and Finance

16th August, 2022

A fall in Lucid Motors’ stock price caused a US$8.4 billion hit on Saudi Arabia’s Public Investment Fund’s US public equity holdings – but the rest of its stock holdings grew US$4.6 billion with tech stocks leading the charge.

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Saudi Arabia’s PIF Seeks to Land Jumbo British Airport Acquisition

10th August, 2022

Saudi Arabia’s rapidly growing Public Investment Fund (PIF) could become the biggest shareholder in the UK’s busiest airport if it goes ahead with the acquisition of Ferrovial’s 25% stake.

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