9th September, 2026
Saudi AI platform HUMAIN is an example of how PIF intends to finance the next phase of Saudi industrial development; although the fund provided the initial sovereign capital and had helped to secure technology partners, HUMAIN is aiming at a structure in which third parties contribute 70% of the financing.
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2nd September, 2026
Two supertankers carrying a combined 4 million barrels of Saudi crude were struck by unidentified projectiles while leaving the Strait of Hormuz on September 1, reinforcing the prospect of prolonged disruption six months into the Iran war.
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26th August, 2026
Qiddiya has signed a memorandum of understanding with the French government to explore a EUR6 billion (US$7 billion) entertainment development of up to three parks near Paris.
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25th August, 2026
The UK's fifth Sovereign AI investment adds to a growing pool of state-backed vehicles in China, Europe, the Gulf and Asia, as governments seek equity exposure to the companies and infrastructure driving artificial intelligence.
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19th August, 2026
Saudi Arabia's Public Investment Fund (PIF) ended its 2021-2025 strategy with sharply higher consolidated profit but weaker investment performance, as falling Saudi equities, project impairments and changes to the domestic portfolio weighed on assets under management.
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17th August, 2026
Global SWF has identified US$41.7 billion of SpaceX shares held by sovereign wealth and public pension funds at the end of June. Most of the value is concentrated in investors that entered SpaceX or xAI before the IPO, while several large funds maintain substantial Magnificent Seven exposure but hold little or no SpaceX.
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11th August, 2026
PIF is seeking outside capital for two of its most visible sports investments, four years after sovereign funding helped launch LIV Golf and accelerate Newcastle United’s development. The shift puts its sports portfolio in line with a 2026-2030 strategy built around value realisation, investment returns and greater private-sector participation.
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6th August, 2026
Saudi Arabia’s Public Investment Fund has completed its US$55 billion acquisition of Electronic Arts, turning six years of gaming investments into a more complete operating platform spanning mobile publishing, esports, console and PC publishing, sports franchises and direct access to hundreds of millions of players.
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22nd July, 2026
Saudi Basic Industries Corporation is exploring the use of its advanced materials in vehicles produced by Ceer, taking Saudi Arabia’s automotive localisation drive beyond assembly and into the materials used in the cars themselves.
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3rd July, 2026
Saudi Arabia’s Public Investment Fund had the kind of year that can be read two ways: strong headline profit and asset growth, alongside surging liabilities and a multi-billion-dollar comprehensive loss.
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24th June, 2026
Abu Dhabi’s AI strategy is running via MGX which has reported a US$50 billion raise from sovereign funds, pensions and institutions, capturing third-party capital to invest in models, chips, data centres, digital finance and regulated platforms.
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9th June, 2026
This week could be historical for financial markets as SpaceX kicks off a series of “Giga-IPOs”, with valuations of US$ 1 trillion or more, and with unprecedented fundraising targets. Elon Musk’s conglomerate, which includes X (formerly Twitter) and xAI is currently the most valuable private company in the world at US$ 1 trillion and is targeting a value of US$ 1.75 trillion when it gets listed on June 12 on Nasdaq.
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