Thursday 26 December 2024
 
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PIF

PIF launches new firm to develop Saudi hospitality brands

Saudi Arabia's sovereign wealth fund PIF has announced the launch of Adeera, a new hospitality management company that will operate and manage hotels, combining the highest industry standards with timeless authentic Saudi hospitality.

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Saudi PIF acquires 15pc stake in London's Heathrow Airport

Saudi Arabia's sovereign wealth fund PIF has announced that it has completed the acquisition of a 15% stake in FGP TopCo, the holding company of London's Heathrow Airport Holdings, from Spanish infrastructure major Ferrovial 

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Saudi PIF acquires 15pc stake in London's Heathrow Airport

Saudi Arabia's sovereign wealth fund PIF has announced that it has completed the acquisition of a 15% stake in FGP TopCo, the holding company of London's Heathrow Airport Holdings, from Spanish infrastructure major Ferrovial 

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Sela unit gets first international marina licence in Saudi Arabia

The Saudi Red Sea Authority (SRSA) has issued a marina operator license to the Jeddah Yacht Club and Marina, owned by Sela, a company under the kingdom's sovereign wealth fund PIF.   This issuance makes it th

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PIF unit in deal to develop top-class Saudi tourism destination

Aseer Investment Company, a subsidiary of Saudi sovereign wealth fund PIF, has announced the establishment of a new holding company in partnership with Rikaz, a key real estate developer in the kingdom.    T

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PIF unit in deal to develop top-class Saudi tourism destination

Aseer Investment Company, a subsidiary of Saudi sovereign wealth fund PIF, has announced the establishment of a new holding company in partnership with Rikaz, a key real estate developer in the kingdom.    T

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PIF sells 100 million stc shares for $1bn

Saudi Arabia's Public Investment Fund (PIF) today announced the completion of the sale of part of its stake in the Saudi Telecom Company (stc) through an accelerated bookbuild offering.   The offering compris

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PIF sells 100 million stc shares for $1bn

Saudi Arabia's Public Investment Fund (PIF) today announced the completion of the sale of part of its stake in the Saudi Telecom Company (stc) through an accelerated bookbuild offering.   The offering compris

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MUFG seals collaboration deal with Saudi wealth fund PIF

Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups headquartered in Tokyo, has signed a MoU with Saudi sovereign wealth fund PIF (Public Investment Fund) for joint collaboration on opportunities of mutual

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Folk Marine launches new shipping route linking GCC, India

Folk Marine Services Company, a comopany of Saudi sovereign wealth fund PIF, has announced the launch of a new regional shipping route "India-Arabian Gulf Service," connecting key GCC ports, including Dammam and Umm Qasr, wit

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