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Franco-Saudi US$10bn MoU Signals Strategic Convergence

5th December, 2024

Franco-Saudi relations have been bolstered by the signing of a US$10 billion MoU between France’s state-owned investor Bpifrance and Saudi Arabia’s Public Investment Fund (PIF).

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PIF Ramps Up US Equities

25th November, 2024

Saudi Arabia’s Public Investment Fund (PIF) saw its allocation to US listed equities rise 29.5% q-o-q to US$26.7 billion with the number of positions rising 42% to 51.

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PIF Uses Riyadh’s FII Summit to Strengthen Asian Investment

7th November, 2024

Saudi Arabia’s Public Investment Fund (PIF) is making a strong bid on developed Asian economies with a slew of deals with Japanese banks and an agreement to anchor a fund to support Hong Kong’s business community.

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Devouring 2017 Palace Purge Assets: PIF Gains MBC Stake, is Binladin Next?

4th November, 2024

Saudi Arabia’s Public Investment Fund (PIF) is taking a majority stake of the Middle East’s biggest broadcaster, which was originally nabbed by the government in the palace purge that was staged exactly seven years ago today.

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PIF Focuses on Saudi Tech Revolution

31st October, 2024

As Saudi Arabia’s Public Investment Fund (PIF) reduces its relative allocation to foreign assets from 30% (in 2020) to 21% (today), it is looking to partnerships with top asset managers to channel capital into the Kingdom’s economy in the mission to realize the Vision 2030 economic diversification objectives.

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Saudi's PIF has Plenty of Dry Powder for Green Investments

15th October, 2024

Saudi Arabia’s Public Investment Fund has spent US$5.2 billion – or 61% - of the US$8.5 billion it raised in green bonds it raised in 2022-23, which is a sharp increase from US$1.3 billion in June 2023.

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PIF, Sports Investments and Newcastle: More Than Sportswashing

10th October, 2024

The bid for 10% of DAZN by Saudi Arabia’s Public Investment Fund (PIF) is stirring debate over the blurring of lines between ownership of sports media and football clubs, but it is just one in a string of sports-related investments that combine promoting the Saudi brand with the strategic economic development of Vision 2030 and the focus of every investor: adding value and generating returns.

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PIF Flexes Saudi's Soft Power Muscles in Egypt

17th September, 2024

Despite persistent economic problems, Egypt is a top investment destination for Gulf sovereign wealth funds that are not only mindful of its long-term potential as an emerging market but also its strategic position in soft power rivalry over the MENA region.

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PIF Taps Debt Markets, Draws on Cash Reserves and Slashes Equities to Prop Up Vision 2030

3rd September, 2024

With its cash resources squeezed by profligate investments ranging from gigaprojects to sports, Saudi Arabia’s Public Investment Fund (PIF) is set to tap debt markets for a fourth time this year.

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TSFE: Was CEO the Fall-Guy for Egypt’s Flagging Privatization Program?

29th August, 2024

Cairo has shaken up The Sovereign Fund of Egypt (TSFE) as it seeks to re-energise a flagging privatization program.

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Sovereign Investors Surge Into Digital Infrastructure

28th August, 2024

Public pension funds from Australia, Canada and the Netherlands have swung their support behind the EUR2.1 billion capital-raising by euNetworks amid surging appetite for digital infrastructure among state-owned investors.

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PIF Generates 9% Annual Return in 2023, Strides Towards US$1trn AUM

19th August, 2024

Vision 2030 is an overriding mission of Saudi Arabia’s Public Investment Fund (PIF), which has drained cash reserves and drawn on its global portfolio to bolster the Kingdom’s economic diversification program, but the fund continues its path towards US$1 trillion in 2025 and US$2 trillion by the end of the decade.

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