The Public Investment Fund, the main driver for Saudi Arabia ’s economic transformation efforts, said its investments in ...

Assets of Saudi Arabia's Public Investment Fund climbed to $913 billion in 2024, marking a 19 per cent annual rise for the sovereign wealth fund that is key to the kingdom's economic transformation ...

The Public Investment Fund (PIF) has reported a strong performance for 2024, with assets under management (AuM) rising 19% to $913 billion and total revenue increasing by 25%, according to its newly ...

PIF’s 2024 Annual Report shows total revenue increased by 25%, and cash balance remains strong and broadly unchanged year on ...

Annual report reveals $243bn non-oil GDP contribution since 2021, record governance score, and global brand leadership for Saudi Arabia's PIF ...

Fabrizio Romano reported that Newcastle were closing in on a deal for Aston Villa's Jacob Ramsey, who only wants a move to St ...

Both Newcastle and the Saudi side are owned by the Saudi investment fund, making the bidding war especially complicated ...

Saudi Arabia’s Public Investment Fund – best known by its acronym PIF and the owner/operator of LIV Golf – has announced ...

PIF Governer Yasir Al-Rumayyan will be on the new, yet-to-be-named entity’s board of directors and executive committee alongside PGA Tour Commissioner Jay Monahan.

The PIF, in turn, would also contribute its own golf-related investments and assets, including LIV Golf, to the company. The PIF would be granted a right of first refusal on future capital funding.

What is the PIF? By the mid-1970s, Saudi Arabia had more money than it knew what to do with so set up its sovereign wealth fund as a sort of government savings account. Qatar has a similar fund ...