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.
Saudi sovereign wealth fund
pif.gov.sa- Headquarters
- Riyadh 6121, Saudi Arabia
- Founded year
- 1971
- Company type
- Government agency
- Number of employees
- 1,000–6,500
Latest news about Public Investment Fund (PIF)
Company announcements
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PIF anchors State Street’s Saudi equity ETF
The ETF provides European investors access to Saudi equities via a quantitative model. It lists on Xetra and LSE, marking PIF’s fifth such investment.
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PIF Board approves 2026-2030 strategy
The strategy structures investments into Vision, Strategic, and Financial Portfolios to drive economic transformation, maximize returns, and boost private sector participation. It focuses on six ecosystems including Tourism and NEOM.
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PIF sells 70% of Al-Hilal Club Company
The agreement values Al-Hilal at SAR 1.4 billion and the transaction awaits required regulatory approvals.
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PIF signs MoU with King Street for private credit fund
The fund targets Saudi Arabia and MENA for corporate capital solutions and asset-based lending. It leverages King Street’s 30 years of global credit experience.
Media coverage
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LIV Golf makes investment announcement after losing Saudi PIF funding
LIV Golf reveals fresh investment plans following Saudi PIF funding loss, seeking new financial support to secure long-term stability for the league beyond the 2026...
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LIV Golf needs money. Here s what next steps might look like
“I’m not sure what’s happening with LIV,” he said. What we do know is that the PIF is out, by way of...
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PIF Launches Local Content Growth Program to Grow Competition and Innovation in the Private Sector
The Public Investment Fund (PIF) today announced the launch of its Local Content Growth Program which aims to leverage PIF spending to catalyze the development...
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PIF and Pirelli Announce Joint Venture to Establish Leading Tire Manufacturing Facility in Saudi Arabia
The Public Investment Fund (PIF) and Pirelli Tyre S.P.A (Pirelli), a leading global tire manufacturer, have announced today the signing of a joint venture (JV...
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