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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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PIF Takes Pause for Breath in Q2, Maintaining Equity Positions

16th August, 2024

Saudi Arabia’s Public Investment Fund (PIF) saw little change in its US public equities holdings, which grew 0.5% to US$20.7 billion in Q2.

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Too Big to Fail, Too Small to Compete Lucid Given Life-line by PIF

8th August, 2024

Electric vehicle manufacturer Lucid has received another lifeline from Saudi Arabia’s Public Investment Fund (PIF) the bolster the launch of the Gravity SUV model and support the company’s Saudi plant.

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Saudi Speeds Pace of Team Sport Investment, Scoring Home and Away

30th July, 2024

Recent weeks and months have seen Saudi Arabia's Public Investment Fund (PIF) striking further into football and rugby with its investment in English team Newcastle leading to exponential growth in value, while it looks to snap up stakes in English rugby teams and develop Saudi Arabia's own domestic sporting prowess as a global brand.

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PIF Stands as a Conduit for Sino-Arabian Ties

17th July, 2024

An agreement by three major Chinese green energy manufacturers to build production plants in Saudi Arabia is the latest episode in a good news story for Sino-Arabian economic relations, but the US's wariness of Saudi reliance on Chinese technological transfer could put Saudi Arabia’s Public Investment Fund (PIF) in a dilemma.

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PIF Looks to Lift Economic Diversification by Igniting Hydrogen Production

12th July, 2024

Saudi Arabia’s Public Investment Fund (PIF) is planning to bolster hydrogen production by turning a little known subsidiary, the Energy Solutions Company (ESC), into a national champion, adding to its large and growing suite of industrial subsidiaries that seek to diversify the Kingdom’s economy, according to MEED.

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