Saudi Arabia’s Public Investment Fund (PIF) has agreed to buy a 54 per cent stake in the Gulf state’s MBC Group media conglomerate for SAR 7.5 billion (US$2 billion).

Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), has signed five Memorandums of Understanding (MoU) ...

Image: Supplied Saudi Arabia’s Public Investment Fund (PIF) is set to acquire a 54 per cent stake in broadcast giant MBC for SR7.47bn ($2bn). It comes as PIF, which manages assets exceeding $900bn, ...

PIF is the investment engine driving economic transformation for Saudi Arabia and the world. With an ambitious program to ...

The PIF, as the fund is known, is set to acquire 54% of MBC Group from Saudi Arabia’s Ministry of Finance, represented by Istedamah Holding Company, according to a statement ...

Saudi Arabia’s Public Investment Fund (PIF) said on Wednesday that it signed an MoU with Brookfield Asset Management, under which the $925bn fund will serve as a strategic anchor investor for ...

Saudi Arabia’s PIF has announced the signing of five memorandums of understanding (MoUs) worth up to $51bn with leading Japanese financial institutions. The MoUs are a key part of PIF’s strategy to ...

BRF reported on 31 October that it formalized the purchase of 26% of shares of the Saudi Addoha Poultry Company, one of the ...

More information about PIF can be found at: www.pif.gov.sa Media Contact: [email protected] Send us your press releases to [email protected] Disclaimer: The contents of this press release was ...

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Saudi Arabia's Public Investment Fund (PIF) are hoping to take over one of the most prestigious golf courses in England, according to DP World Tour golfer Eddie Pepperell. Wentworth bosses charge ...

MADRID, 31 (EUROPA PRESS) El fondo soberano de Arabia Saudí, Public Investment Fund (PIF), ha anunciado este jueves la firma de cinco memorandos de entendimiento (MdE) con entidades financieras japone ...