Latest Public Investment Fund News & Updates

See the latest news and media coverage for PIF. We track all announcements, press releases, and industry mentions in real time, all in one place.

Public Investment Fund (PIF)

Saudi Arabia's sovereign wealth fund

pif.gov.sa

Headquarters: Riyadh 6121, Saudi Arabia
Founded year: 1971
Company type: Government agency
Number of employees: 5,000–5,900
Industry: Diversified Investment Services

Last updated Today

Latest news about Public Investment Fund (PIF)

In short: PIF expanded domestic and global deals while LIV Golf filed for bankruptcy.

Company announcements

Today PIF

PIF and Aramco close HUMAIN transaction

Aramco acquires a 49% stake while PIF retains 51%, contributing about SAR 9.9 billion ($2.6 billion) in cash and AI assets in 2026.

August 26 PIF

PIF releases 2025 annual report demonstrating strong financial performance

The organization maintains a diversified portfolio balancing financial returns with national impact and resilience.

August 17 PIF

PIF reports strong 2025 financial growth with doubled net profit

Revenue rose 9% to $120 billion while net profit more than doubled to $17 billion. The fund launched new companies and expanded global presence through strategic partnerships.

August 6 PIF

PIF publishes its annual report for 2025

The report highlights strong financial performance and continued progress in implementing the fund's long-term goals.

Media coverage

October 15 New York Post

LIV Golf 'quite concerned' as fate could be decided by end of month

The rebel league has been fighting to stay afloat following the decision by the Saudi Public Investment Fund to pull its financial support.

September 13 Saudi Press Agency

PIF and Hyundai Motor Company Sign Joint Venture Agreement to Establish New Automotive Manufacturing Plant in Saudi Arabia

The Public Investment Fund (PIF) and Hyundai Motor Company (Hyundai) have announced the signing of a joint venture agreement to establish a highly automated vehicle...

September 9 CNBC TV18

Saudi wealth fund weighs EA-Savvy merger, Bloomberg News reports

The merger of the two companies, both controlled by the Public Investment Fund, would create a gaming behemoth spanning franchises, including EA Sports FC, Battlefield...

September 5 The Observer

Stumbling Saudi Arabia wealth fund concedes it can’t transform the kingdom alone

A growing number of Mohammed bin Salman’s half-baked desert schemes are being scrapped as oil exports slump and foreign ...

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