sovereign wealth funds

Saudi Arabia’s PIF reports 18 percent asset growth reaching $1.51 trillion by 2024

The Fund announced 25 percent revenue increase driven by major portfolio companies

Saudi Arabia’s PIF launches new company to build, operate facilities of Expo 2030 Riyadh

Company plans to lead the transformation of the Expo’s gated area into a global village to serve as a multicultural hub

Qatar’s QIA to ramp up U.S. investments in AI, supply chains and industry, says CEO

The CEO also confirmed the QIA's interest in asset and portfolio management

Saudi Arabia’s PIF to invest $170 billion in Europe by 2030 as it opens new Paris office

The economic impact of the PIF's investments in Europe is expected to reach $105 billion by 2030

Hyundai and Saudi Arabia’s PIF launch $500 million car factory to produce EVs by 2026

PIF holds a 70 percent stake in HMMME, while Hyundai possesses the remaining 30 percent

HUMAIN, AWS unveil $5 billion AI Zone in Saudi Arabia to accelerate global AI leadership

The new AI Zone aligns with Saudi Arabia’s Vision 2030 and economic transformation goals

Saudi Arabia Crown Prince launches HUMAIN, a PIF-owned company to invest in AI

HUMAIN will streamline various data center initiatives, procure hardware and accelerate the adoption of AI technologies

Saudi Arabia’s PIF prices $1.25 billion international sukuk offering

The seven-year sukuk was more than 6.5 times oversubscribed, with orders exceeding $9 billion

World’s largest sovereign wealth fund faces $40 billion loss as tech sector struggles

CEO noted significant market fluctuations affected investor sentiment and fund performance 

Saudi PIF-backed Lucid Group secures $1.1 billion from convertible senior notes due 2030

The new issue is structured efficiently with PIF support from prepaid forward share purchase

Gulf SWFs lead global growth with assets set to reach $18 trillion by 2030, says Deloitte

Gulf funds are strategically pivoting toward Asia, with many establishing new offices throughout Asia-Pacific

Saudi-backed Scopely to acquire Pokémon Go maker for $3.5 billion

In 2023, Scopely was acquired by Savvy Games Group, a subsidiary of Saudi Arabia’s PIF, for $4.9 billion