Latest Public Investment Fund News & Updates

See the latest news and media coverage for PIF. We track all announcements, press releases, and industry mentions in real time, all in one place.

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Public Investment Fund (PIF)

Saudi sovereign wealth fund

pif.gov.sa
Headquarters
Riyadh 6121, Saudi Arabia
Founded year
1971
Company type
Government agency
Number of employees
1,000–6,500

Last updated

Latest news about Public Investment Fund (PIF)

In short: PIF approved its 2026-2030 strategy to diversify the Saudi economy, despite reports it is withdrawing financial support from the LIV Golf league.

Company announcements

  • PIF

    PIF anchors State Street’s Saudi equity ETF

    The ETF provides European investors access to Saudi equities via a quantitative model. It lists on Xetra and LSE, marking PIF’s fifth such investment.

  • PIF

    PIF Board approves 2026-2030 strategy

    The strategy structures investments into Vision, Strategic, and Financial Portfolios to drive economic transformation, maximize returns, and boost private sector participation. It focuses on six ecosystems including Tourism and NEOM.

  • PIF

    PIF sells 70% of Al-Hilal Club Company

    The agreement values Al-Hilal at SAR 1.4 billion and the transaction awaits required regulatory approvals.

  • PIF

    PIF signs MoU with King Street for private credit fund

    The fund targets Saudi Arabia and MENA for corporate capital solutions and asset-based lending. It leverages King Street’s 30 years of global credit experience.

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