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Saudi PIF’s assets under management hit $925bn in JulySaudi sovereign wealth fund PIF (Public Investment Fund) has reported a 29% increase in its assets under management (AuM) in its annual report for 2023, thus showcasing robust financial performance and a commitment to transparency and good gov More… |
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Saudi PIF’s assets under management hit $925bn in JulySaudi sovereign wealth fund PIF (Public Investment Fund) has reported a 29% increase in its assets under management (AuM) in its annual report for 2023, thus showcasing robust financial performance and a commitment to transparency and good gov More… |
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Cruise Saudi joins UN’s sustainability initiativeCruise Saudi, a fully-owned Public Investment Fund company, has announced its participation in the United Nations Global Compact, one of the world’s largest corporate sustainability initiatives, which is dedicated to promoting sustainable More… |
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Cruise Saudi joins UN’s sustainability initiativeCruise Saudi, a fully-owned Public Investment Fund company, has announced its participation in the United Nations Global Compact, one of the world’s largest corporate sustainability initiatives, which is dedicated to promoting sustainable More… |
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PIF in deal to promote electric motorsportsThe Public Investment Fund (PIF) has unveiled a multi-year partnership, Electric 360, with Formula E, Extreme E and E1 to support the growth of electric motorsports and their role in advancing the future of electric mobility. The new pa More… |
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SRC extends refinance deal with AlrajhiThe Saudi Real Estate Refinance Company (SRC), wholly owned by the Public Investment Fund (PIF), has extended its refinancing agreement with Alrajhi Bank, the world’s largest Islamic bank by mortgage assets and market cap, with an additi More… |
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Boutique Group signs MoU with Sommet EducationBoutique Group, a hospitality company fully owned by Saudi Arabia’s Public Investment Fund, has signed a memorandum of understanding (MoU) with Sommet Education, a leading international network of hospitality management and culinary arts s More… |
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New deal to bring Autograph Collection hotel to AlUlaAlUla Development Company (UDC), fully owned by the Public Investment Fund (PIF), has signed an agreement with Marriott International to open an Autograph Collection property in Saudi Arabia. Expected to open in 2025, the hotel will be More… |
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New deal to bring Autograph Collection hotel to AlUlaAlUla Development Company (UDC), fully owned by the Public Investment Fund (PIF), has signed an agreement with Marriott International to open an Autograph Collection property in Saudi Arabia. Expected to open in 2025, the hotel will be More… |
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SCAI invests $206.54m with SenseTime to deliver AI-powered solutionsThe Saudi Company for Artificial Intelligence (SCAI), has announced its investment with a value of SAR 776 million ($206.54 million) with SenseTime Group through a joint venture to establish SenseTime MEA, and work to build a sophisticated AI More… |
