Public Investment Fund of Saudi Arabia

Wednesday, 31 March, 2021

FT CollectionsGreensill Capital

Courting a prince: Lex Greensill’s adventures in Saudi Arabia Premium

It involved a desert camping trip and former British prime minister David Cameron

Tuesday, 30 March, 2021

News in-depthGreensill Capital

Lex of Arabia: how Greensill and Cameron tried to woo MBS

Financier boasted of desert trip with former prime minister and Mohammed bin Salman

Thursday, 25 February, 2021

ExplainerWorld13 min

Saudi Arabia's mega-project: a 170km 'line' city through the desert

A car-free city built in a straight line through a remote part of Saudi Arabia is MBS's grand plan. Will it succeed?

Wednesday, 24 February, 2021

Due Diligence

Lucid Spac deal makes Saudi wealth fund a big winner Premium

The kingdom’s Public Investment Fund cashes in on the blank-cheque boom

Tuesday, 9 February, 2021

News in-depthSaudi Arabia

Saudi Arabia’s central bank faces biggest overhaul in decades

More of country’s petrodollar wealth likely to be used to back Mohammed bin Salman’s grandiose plans

Monday, 25 January, 2021

Saudi wealth fund in talks to lure health and technology companies

Public Investment Fund in push to have foreign groups set up operations in the kingdom

Thursday, 14 January, 2021

Saudi Arabia

Saudi Arabia steps up domestic investment as low oil prices and coronavirus bite

PIF sovereign wealth fund to invest $40bn annually in country over next 5 years

Friday, 25 December, 2020

Due Diligence

The best of DD’s corporate finance coverage in 2020 Premium

We’re counting down our top-10 topics of the year

Tuesday, 1 December, 2020

Special ReportArab World: Banking and Finance

Gulf states turn inward as they face diminishing resources

Pandemic and falling oil prices are piling the pressure on economies

Promoted Content

Friday, 9 October, 2020

Due Diligence

The most influential global dealmaker of 2020 Premium

Inside the relentless rise of Mukesh Ambani, Asia’s richest man

Friday, 2 October, 2020

Due Diligence

SoftBank: the crystal ball is broken Premium

A selling spree and foray into US stock markets has left investors and others wondering what the group now is

Wednesday, 9 September, 2020

Football

Newcastle claims Premier League shot down £300m Saudi takeover

Football club’s statement contradicts governing body’s version of why the deal fell through

Friday, 21 August, 2020

The Top LineArash Massoudi

Political knots bind sovereign funds trying to beat the market

Mixing statecraft and money management can make the day-to-day job of generating returns much harder

Tuesday, 18 August, 2020

ETF HubLatest news on ETFs

Saudi SWF pours $4.7bn into State Street ETFs

Move comes after similar decision by US Federal Reserve, which has $8.7bn in ETFs

Friday, 31 July, 2020

Due Diligence

Cans, canned: Saudi Arabia abandons Newcastle FC takeover Premium

Consortium steps away after it became apparent a deal was a long way from being approved

Thursday, 30 July, 2020

Football

Saudi Arabia pulls £300m takeover of Newcastle United

Deal for English club had been on hold for 4 months pending approval by Premier League

Tuesday, 30 June, 2020

Newcastle United Football Co Ltd

Premier League rebuffs claim of pressure to approve Newcastle deal

Deliberations over Saudi Arabia’s proposed £300m takeover ‘to conclude shortly’

Thursday, 18 June, 2020

Reliance Jio Infocomm Ltd

Saudi Arabia’s PIF invests $1.5bn in Jio Platforms

Sovereign wealth fund becomes latest backer of fast-growing Indian digital services business

Sunday, 7 June, 2020

News in-depthThe Big Read

Coronavirus: is this the end of the line for cruise ships?

Operators aim to rebuild trust with health measures but still face calls to improve conditions for their crews

Monday, 1 June, 2020

Saudi Arabia

Saudi foreign reserves fall as sovereign wealth fund spends overseas

Drop of $21bn after PIF transfers as kingdom tackles worst economic crisis in decades

Friday, 29 May, 2020

Sovereign wealth funds

Saudis transfer $40bn to back wealth fund’s spending spree

Finance minister confirms move as kingdom seeks to scoop up foreign assets at depressed prices

Tuesday, 26 May, 2020

Due Diligence

The sovereign wealth fund everyone is talking about Premium

Pandemic has not stopped Saudi Arabia’s Public Investment Fund from going on a shopping spree

Monday, 25 May, 2020

News in-depthThe Big Read

‘Never waste a crisis’: inside Saudi Arabia’s shopping spree

The $325bn Public Investment Fund has spent billions on overseas deals this year even as the kingdom’s economy struggles

Saturday, 16 May, 2020

Coronavirus pandemic

Saudi wealth fund snaps up $7.7bn of blue-chip stocks

Investment vehicle chaired by crown prince takes advantage of knockdown share prices during pandemic

Monday, 27 April, 2020

Sovereign wealth funds

Saudi wealth fund builds $500m Live Nation stake

Concert promoter is latest big bet on a struggling company as coronavirus pushes share prices down

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