PIF
Newly created SILQ attracts $110 million in funding
ShopUp, Bangladesh‘s largest B2B commerce platform, and Sary, the leading B2B marketplace and services platform in the Gulf, have merged to form SILQ Group, creating the largest B2B commerce pla...
PIF and SACE to promote Italian companies in KSA
PIF and SACE, the Italian insurance and financial group fully owned by the Italian Ministry of Economy and Finance, today announced the signing of a memorandum of understanding (MoU) to strengthen the...
PIF and Google Cloud to create a new global AI hub in Saudi Arabia
PIF and Google Cloud today announced a strategic partnership to create a new global artificial intelligence (AI) hub. The new AI hub will be based near Dammam, in Saudi Arabia’s Eastern Province.
Saudi Arabia’s PIF partners with Concacaf to further elevate football
PIF and Concacaf have announced today a multi-year partnership that will support their shared ambition to grow football at every level in North America, Central America, and the Caribbean.
PIF launches Neo Space Group to boost satellite and space industry in KSA
PIF announced the establishment of the Neo Space Group (NSG), a wholly owned PIF company that will become a national champion in the satellite and space sector. NSG will enhance the space and satellit...
Jada Fund of Funds to invest in Investcorp’s Saudi Pre-IPO Growth Fund
Investcorp has announced that Jada Fund of Funds, a subsidiary of the Public Investment Fund (PIF), has committed to invest in Investcorp Saudi Pre-IPO Growth Fund (the “Fund”). The Fund
Saudi-owned Savvy Games to acquire Scopely for $4.9 billion
Savvy Games Group, wholly owned by Saudi Arabia’s Public Investment Fund (“PIF”), is all set to acquire Scopely for $4.9 billion, which will help the company strengthen it’s ability to deliver new and...
2nd edition of WILD Riyadh a big success
The second WILD Riyadh event held on February 28th witnessed massive success having gathered over 130 women around the topics of gender equality, female support systems, and inspiration. It was also t...