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 sovereign wealth fund

pif.gov.sa

Headquarters: Riyadh 6121, Saudi Arabia
Founded year: 1971
Company type: Government agency
Number of employees: 1,000–6,000
Industry: Government & Government Finance

Last updated Today

Latest news about Public Investment Fund (PIF)

In short: PIF reported a significant profit increase for 2025 while outlining a new 2026-2030 strategy and reducing funding for the LIV Golf league.

Company announcements

July 30 PIF

PIF revitalizes Diriyah as a mixed-use city

It honors the At-Turaif UNESCO World Heritage Site while blending modern innovation.

July 27 PIF

PIF-owned THC signs LOI for 60 business jets

The LOI covers 12 firm orders and 48 options for business jets to meet growing demand in Saudi Arabia's expanding tourism and business aviation sectors.

July 27 PIF

PIF anchors Brookfield's $2 billion Middle East fund first close

Brookfield will commit $500 million, and the fund targets 50% investment in Saudi Arabia to deepen capital markets.

July 24 PIF

PIF signs MoUs with IFC and MIGA for up to $9.5 billion

The MoUs aim to facilitate co-financing and investment opportunities in Saudi Arabia and emerging markets.

Media coverage

July 31 PocketGamer.biz

EA expects acquisition by PIF-led consortium to close on August 4th

Electronic Arts has confirmed that its acquisition by a consortium led by Saudi Arabia's Public Investment Fund (PIF) is expected to close on August 4th...

July 31 Wccftech

Electronic Arts Returns to Private Hands After 37 years as the PIF-led Consortium Wins All Regulatory Approvals and Readies Closing

After 37 years as a public company, Electronic Arts is set to go private next week as the PIF-led...

July 30 Yahoo Finance

Saudi Arabia s $55 billion takeover of Electronic Arts will happen next week

EA says all regulatory hurdles are cleared, so all that's left to do is to do it.

July 30 IGN Italia

The acquisition of EA by Saudi Arabia's PIF is ready to close: authorizations obtained.

Related articles: The use of AI is leading to a 'great growth of creativity within EA', says the president The acquisition of EA by the consortium of...

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