Browsing Tag
Public Investment Fund
15 posts
Aramco Q1 2026 profit jumps 26% to $33.6bn as East-West Pipeline absorbs Hormuz shock
Hormuz was closed for ten weeks. Aramco still beat consensus by $2.4bn, ramped its East-West Pipeline to max, and declared a $21.9bn dividend.
Electronic Arts soars on report of $50bn take-private deal that could reshape gaming’s corporate landscape
Electronic Arts stock surged nearly 15% after reports of a $50 billion take-private deal. Find out who is behind it, what risks remain, and why it matters.
Saudi Arabia’s PIF quietly emerges as a key backer in Elon Musk’s $200bn AI push
Is Saudi Arabia’s PIF shaping the next AI superpower through xAI? Discover how sovereign wealth backing could tilt the global AI race.
Can Elon Musk’s xAI hit a $200bn valuation with its massive Colossus supercomputer buildout?
Elon Musk’s xAI is chasing a 200 billion dollar valuation with supercomputer expansion and sovereign investor backing. See what’s driving this mega bet.
Ferrovial completes €2bn Heathrow stake sale amid strategic realignment
Ferrovial, the global infrastructure leader, has officially completed the sale of a 19.75% stake in Heathrow Airport Holdings’…
BlackRock and PIF set to transform Saudi capital markets with new investment platform
BlackRock Saudi Arabia and the Public Investment Fund (PIF) of Saudi Arabia have solidified their commitment to enhancing…
Tamara becomes first Saudi fintech unicorn with $340m Series C funding
In a historic move, Tamara, the leading fintech platform in Saudi Arabia and the GCC region, has become…
Saudi’s PIF to invest in Alkhorayef Petroleum for 25% stake
The Public Investment Fund (PIF) has announced its investment in Alkhorayef Petroleum, from the Alkhorayef Group, through a…
Hyundai Motor, PIF ink $500m deal for automated vehicle plant in Saudi Arabia
A groundbreaking agreement has been solidified between the Public Investment Fund (PIF) of Saudi Arabia and Hyundai Motor…
Standard Chartered to sell aviation finance business to AviLease for $700m
Standard Chartered Group has announced the sale of its global aviation finance leasing business to AviLease, a Saudi…