PIF
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Posted On NewsPIF launches Saudi Arabia’s first duty-free retailer
The Public Investment Fund (PIF) has launched Saudi Arabia’s first duty-free operator as the kingdom targets 150 million annual visitors by the end of the decade, according to…
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Posted On NewsPIF weighs investment in Boeing’s Italian parts maker
Saudi Arabia’s Public Investment Fund (PIF) is holding talks about investing in the aerostructures unit of Italian defence company Leonardo, a news report said. The talks are…
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Posted On NewsJPMorgan expects no special Aramco dividend in 2025
Saudi Aramco is forecast to have no performance-linked dividend this year after a more balanced 2024 cash cycle followed earlier bumper results that backed the special…
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Posted On NewsSaudi Arabia welcomes private funds for $64bn logistics projects
Saudi Arabia has more than SAR240 billion ($64 billion) of logistics projects underway and planned, most of which are open to private sector investment, a…
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Posted On NewsCeer strikes $145m deal with Sabelt for EV sports seats
Ceer, Saudi Arabia’s first electric vehicle (EV) brand, has struck a SAR543 million ($145 million) deal with Italy’s Sabelt to develop sports seats for its…
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Posted On NewsRiyadh Air in talks to buy 50 more widebody aircraft
Saudi Arabian airline Riyadh Air, backed by the Public Investment Fund (PIF), is in talks with US and European planemakers for 50 additional widebody aircraft, according to…
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Posted On NewsMa’aden signs $1bn contracts to develop industrial cities
Saudi mineral giant Ma’aden has signed three contracts worth a combined $922 million with foreign companies to develop a third phosphate fertiliser project. The majority…
Liyana Parker
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