Skip to main content Skip to footer PIF’s remaining stake in stc equates to 3.1 billion shares or 62 percent
In the Global South, critical areas like water and sanitation, food security, education, forestry, and biodiversity conservation, remain largely untapped
Strategic collaboration between the Regional Voluntary Carbon Market Company, Clean Development Mechanism Designed Authority
The top six cities manage two-thirds of sovereign wealth fund capital globally, which amounted to $12.5 trillion in October
The region now has seven active stock exchanges that host 877 listed companies with an aggregate market capitalization of $4.3 trillion
TSFE's board of directors also approved the certification of the Fund's budget for submission to the general assembly
Since its inception, PIF has achieved an average total shareholder return of 8.7 percent per year
The deal includes a $750 million convertible preferred investment and a $750 million unsecured term loan
Sovereign wealth funds globally invested $64.2 billion in 135 deals while PPFs spent $31.9 billion on 101 deals in H1 2024
The fund swung to a profit of $36.81 billion in 2023, after posting a loss of $15.6 billion a year earlier
The plant, known as the Grande Côte seawater desalination plant, will have a capacity of 400,000 cubic meters per day
The Saudi government currently holds a 60 percent stake in Lucid
Strategic acquisitions and diversification drive growth trajectory
The state's ownership of the Aramco's shares now stands at 82.186 percent
The fund will become the official naming partner of the ATP Rankings
The agreements align with the goals of Vision 2030
The investment aims to enhance the financial resources of Zamil Offshore
Event concludes with commitment to Saudization and private sector empowerment
Company to break ground on 11 new assets by the end of 2024
Deals were signed during PIF Private Sector Forum
Agreements align with the objectives outlined in Vision 2030
Region witnessed an estimated $95 billion in mergers and acquisitions in 2023
New Contractor Financing Program launched
Event aims to cultivate partnerships between PIF, its portfolio companies, and the private sector