PIF signs MoUs for up to .5 billion with the World Bank Group’s private sector arms IFC and MIGA Finance

PIF signs MoUs for up to $9.5 billion with the World Bank Group’s private sector arms IFC and MIGA

A $6 billion MoU between PIF and IFC focuses on exploring co-financing opportunities across eligible projects within PIF’s portfolio A $3.5 billion MoU between PIF and MIGA will facilitate investment opportunities that will drive economic development across Saudi Arabia and other regional markets PIF, together with the International Finance Corporation (IFC) and the Multilateral Investment […]

Saudi PIF Nears EU Acclaim for B Digital Arts Acquisition Finance

Saudi PIF Nears EU Acclaim for $55B Digital Arts Acquisition

Unique-Saudi PIF set to win EU nod for Digital Arts deal beneath subsidy laws, assets say Saudi PIF’s Acquisition of Digital Arts: EU Approval Anticipated By way of Foo Yun Chee Evaluate of the Acquisition BRUSSELS, July 17 (Reuters) – A gaggle of buyers together with Saudi Arabia’s Public Funding Fund is about to safe […]

BlackRock indicators settlement with PIF to boost up expansion of capital markets in Saudi Arabia through launching a Riyadh founded multi-asset funding control platform Press Release

BlackRock indicators settlement with PIF to boost up expansion of capital markets in Saudi Arabia through launching a Riyadh founded multi-asset funding control platform

First-of-its type partnership aligns with PIF’s projects to pressure additional expansion of the Saudi capital markets ecosystem and global funding control sector  Leveraging its industry-leading world running platform and functions, BlackRock will release funding methods throughout asset categories for the Saudi marketplace, together with each private and non-private markets, controlled through a Riyadh-based funding staff […]

Hong Kong Financial Authority – PIF and Hong Kong Financial Authority signal memorandum of working out for funding fund at FII8 Press Release

Hong Kong Financial Authority – PIF and Hong Kong Financial Authority signal memorandum of working out for funding fund at FII8

Discussions to anchor a joint US$1 billion fund to put money into corporations with Hong Kong nexus increasing to Saudi Arabia to pressure localisation of key industries, together with production, renewables, fintech and healthcare Collaboration marks important milestone aligning with Saudi Imaginative and prescient 2030 and with Hong Kong’s place as one of the most […]

PIF and Google Cloud to create complex AI hub in Saudi Arabia Press Release

PIF and Google Cloud to create complex AI hub in Saudi Arabia

Landmark strategic partnership signed at FII8 expands Google Cloud area with new state of the art infrastructure AI hub is anticipated to generate 1000’s of process alternatives and build up the GDP of Saudi Arabia through $71 billion over the following 8 years Advances in Arabic-language fashions at the side of AI and virtual upskilling […]