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: Investment Holding Companies

Last updated Today

Latest news about Public Investment Fund (PIF)

In short: PIF reported 2025 net profits of $17 billion and completed a $55 billion takeover of Electronic Arts while scaling back LIV Golf funding.

Company announcements

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 6 PIF

PIF publishes its annual report 2025

Spokesperson Yasser Al-Sultan discusses the strategic and financial aspects of the report available via the link.

August 4 PIF

PIF announced the completed acquisition of Electronic Arts

The consortium of PIF, Silver Lake, and Affinity Partners has closed the deal for the gaming company.

July 30 PIF

PIF revitalizes Diriyah as a mixed-use city

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

Media coverage

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 11 Bloomberg

Houthi offensive, Saudi Arabia faces a difficult choice - escalation of military conflict or acceptance of Houthi control over key chokepoints

The Iran-backed Houthi group in Yemen is expanding its controlled territory and continuing attacks on Saudi oil infrastructure. Saudi Arabia is being forced to choose between escalating military operations or accepting the expansion of Houthi influence in the Red Sea.

September 10 GameSpot

EA s New Owners May Be Considering An Even Bigger Gaming Empire

EA and Savvy Games could Merge to create a gaming giant.

September 8 Yahoo Finance

Saudi wealth fund takes its capital pitch to Wall Street

PIF and some of its portfolio companies are courting investors including Blackstone and Carlyle this week to fill its funding gap.

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