5th June, 2023
In an unprecedented move, Saudi Arabia’s Public Investment Fund (PIF) has taken 75% stakes in four of the Kingdom’s leading football clubs as the country prepares to host the 2027 Asian Cup – and potentially the 2030 FIFA World Cup.
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25th May, 2023
Iraq is the latest target for Saudi Arabia’s sovereign wealth fund as it seeks to spread its investments – and soft power – over the Middle East through bilateral investment vehicles.
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16th May, 2023
Saudi Arabia’s US$730 billion sovereign wealth fund, the Public Investment Fund (PIF), threw its weight behind green energy, gaming and the internet in the first quarter, while slashing exposure to payments processor Visa and Chinese e-commerce company Pinduoduo.
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11th May, 2023
Sovereign wealth funds of Saudi Arabia and Abu Dhabi - the Public Investment Fund (PIF) and Mubadala – continue to be major losers of Masayoshi Son’s Vision Fund gambles on tech venture capital.
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2nd May, 2023
Saudi Arabia’s US$730 billion Public Investment Fund (PIF) has won backing from leading Chinese steel corporation Baoshan Iron & Steel (Baosteel) to establish the Kingdom’s first integrated steel plate manufacturing plant – and the fund is creating possibilities in green steelmaking through new partnerships.
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17th April, 2023
Saudi Arabia’s Public Investment Fund continues its rapid ascent with total assets under management estimated at US$730 billion, following the transfer of a 4% stake in the oil giant Saudi Aramco to the sovereign wealth fund’s wholly owned subsidiary, Sanabil Investments.
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6th April, 2023
Savvy Games, a wholly owned subsidiary of Saudi Arabia’s Public Investment Fund (PIF), continues its focus on the gaming industry with a US$4.9 billion takeover of Scopely, which owns several popular franchises.
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5th April, 2023
Seven months after it was launched, the Israel Citizens' Fund (ICF) accumulated just US$617 million by end-2022, according to the Ministry of Finance.
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20th March, 2023
Saudi real estate has received a US$1.5 billion boost from the Saudi Real Estate Refinance Company (SRC), the debt platform established by the Kingdom’s sovereign wealth fund in February 2018 to accelerate economic diversification.
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16th March, 2023
The sovereign investor universe is being pummelled by the turmoil in the trade of banking stocks on global markets, revealing yet again doubts over strategy that had previously been highlighted in crypto-related investments.
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15th March, 2023
Saudi Arabia’s private markets are set to receive a boost from the Kingdom’s sovereign wealth fund, with plans designed to increase the role of the domestic private sector from 40% to 65% of GDP by 2030.
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13th March, 2023
Saudi Arabia’s Public Investment Fund (PIF) has firmed up its new airline plan, outlined last September as “RIA”, with an official launch of Riyadh Airlines and an aircraft order valued at US$35 billion.
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