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, ...

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 ...

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

“PIF is not currently engaged in discussions with Dazn on this matter and has no current plans to invest in the company,” the sovereign wealth fund said in response to media reports that it ...

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 ...

PIF, chaired by Saudi Crown Prince Mohammed bin Salman, is part of a consortium that owns English Premier League football club Newcastle United as well as other Saudi Pro League clubs including Al ...

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 ...

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It was three years ago, this week, that Newcastle United were dubbed the “richest club in the world” following a takeover by Saudi Arabia’s Public Investment Fund (PIF). After 18 months of ...

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 ...