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Public Investment Fund (Saudi Arabia)

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  • Tuesday, 10 December, 2019
    Saudi Aramco IPO
    Saudi Arabia renews push for $2tn Aramco valuation

    State funds and families encouraged to buy shares in pursuit of Prince Mohammed target

  • Tuesday, 19 November, 2019
    AnalysisSaudi Aramco
    How Riyadh’s Saudi Aramco ambitions were thwarted

    Bankers had to deliver news to angry chairman that investors valued oil group at well below $2tn target

  • Sunday, 3 November, 2019
    Saudi Aramco IPO
    Saudi Aramco launches long-awaited IPO

    Delays to the anticipated $60bn offering were triggered by doubts over $2tn valuation

  • Friday, 1 November, 2019
    AnalysisSaudi Arabia
    Saudi Arabia cuts spending and puts faith in reform

    Businessmen point to domestic growth but bankers warn that the recovery is fragile

  • Tuesday, 29 October, 2019
    Saudi Arabia
    ‘Davos in the desert’ begins as Saudi Arabia seeks to put aside Khashoggi affair

    Heavy-hitters to attend flagship gathering after several executives boycotted event last year

  • Tuesday, 3 September, 2019
    AnalysisSaudi Aramco IPO
    The Aramco reshuffle shows the rise of Saudi wealth fund

    New chairman’s appointment to state-backed oil company underlines PIF’s power

  • Monday, 2 September, 2019
    Saudi Aramco
    Saudi Arabia replaces Aramco chairman with MBS ally

    Sovereign wealth fund head Yasir al-Rumayyan replaces energy minister ahead of IPO

  • Tuesday, 30 July, 2019
    Saudi wealth fund to invest in NHS chatbot maker Babylon Health

    UK start-up boosted as crown prince seeks to diversify oil-dependent country’s holdings

  • Friday, 12 July, 2019
    Saudi sovereign wealth fund nears $10bn loan

    Planned borrowing by the Public Investment Fund comes as it awaits payment for its Sabic stake

  • Promoted Content
  • Tuesday, 19 March, 2019
    Saudi Arabia fund hires PR firm after Khashoggi murder

    PIF is chaired by Prince Mohammed bin Salman, who reportedly ordered the killing

  • Thursday, 14 February, 2019
    Saudi Aramco
    Saudi Aramco appoints banks to lead debut bond sale ahead of Sabic deal

    JPMorgan, Morgan Stanley, Citi and HSBC mandated to manage debt sale

  • Monday, 28 January, 2019
    Tesla Inc
    Saudi Arabia slashes exposure to Tesla

    Move comes months after chief Elon Musk settled fraud charge over buyout claim

  • Tuesday, 23 October, 2018
    Saudi Arabia
    Saudi Arabia conference opens under a cloud

    Riyadh event dominated by questions about investment impact of Khashoggi killing

  • Monday, 22 October, 2018
    FT CollectionsThe Saudi mask slips
    How the Khashoggi killing threatens Saudi investment plan

    The role of the PIF is to reshape the kingdom’s economy and attract overseas money, its mission is now much harder

  • Tuesday, 16 October, 2018
    Saudi Arabia
    ‘Davos in Desert’ dropouts: Saudi forum withdrawals

    Participants abandon Riyadh conference as outrage grows over journalist’s disappearance

  • Tuesday, 16 October, 2018
    AnalysisSaudi Arabia
    Khashoggi disappearance puts dealmakers in a bind

    Global bankers have collected more than $1bn in fees from Saudi deals this decade

  • Monday, 15 October, 2018
    US & Canadian companies
    Ari Emanuel’s Endeavor seeks to end Saudi deal

    Journalist’s disappearance roils Hollywood months after warm welcome for crown prince

  • Friday, 12 October, 2018
    World
    Khashoggi case drives growing exodus from Saudi ventures

    Branson halts $1bn Saudi talks and executives abandon high-profile Riyadh conference

  • Monday, 17 September, 2018
    Electric vehicles
    Saudi fund invests $1bn in Tesla rival Lucid

    Deal aims to help Silicon Valley company launch its first electric vehicle in 2020

  • Thursday, 23 August, 2018
    Financial services
    Riyadh to seek $11bn in bank loans as Aramco IPO stalls

    Sovereign wealth fund aims to fill hole left by postponed blockbuster listing

  • Saturday, 18 August, 2018
    AnalysisSovereign wealth funds
    Sovereign wealth funds search for new investments

    Goal is to shift away from petro-dollars and offer economies broader revenue streams

  • Thursday, 16 August, 2018
    Automobiles
    Tesla subpoenaed by SEC over Musk tweet

    Regulator raises questions after founder says ‘funding secured’ for take-private plans

  • Tuesday, 14 August, 2018
    Automobiles
    Musk says advisers lined up to take Tesla private

    Board of electric car company forms independent committee to assess any deal

  • Tuesday, 14 August, 2018
    Automobiles
    Musk says Saudi Arabia would fund deal to take Tesla private

    Carmaker’s chief seeks to explain tweet indicating funding had been arranged

  • Saturday, 11 August, 2018
    The Top LineTom Braithwaite
    Silicon Valley and its fatal attraction to Saudi Arabia

    Glaring contradictions and obvious potential for disaster have been swept under carpet

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