Assets of Saudi Arabia's Public Investment Fund climbed to $913 billion in 2024, marking a 19 per cent annual rise for the sovereign wealth fund that is key to the kingdom's economic transformation ...

Saudi Arabia’s Public Investment Fund (PIF) raised $9.83 billion in 2024 through diversified financing instruments, strengthening its position as one of the world’s largest sovereign wealth funds, ...

PIF’s 2024 Annual Report shows total revenue increased by 25%, and cash balance remains strong and broadly unchanged year on ...

Annual report reveals $243bn non-oil GDP contribution since 2021, record governance score, and global brand leadership for Saudi Arabia's PIF ...

The results highlight PIF’s expanding role in driving Saudi Arabia’s economic transformation and shaping global markets. Since 2021, cumulative investments in priority sectors have exceeded $171 ...

Saudi Arabia’s Public Investment Fund – best known by its acronym PIF and the owner/operator of LIV Golf – has announced ...

Both Newcastle and the Saudi side are owned by the Saudi investment fund, making the bidding war especially complicated ...

PIF Governer Yasir Al-Rumayyan will be on the new, yet-to-be-named entity’s board of directors and executive committee alongside PGA Tour Commissioner Jay Monahan.

The PIF, in turn, would also contribute its own golf-related investments and assets, including LIV Golf, to the company. The PIF would be granted a right of first refusal on future capital funding.

What is the PIF? By the mid-1970s, Saudi Arabia had more money than it knew what to do with so set up its sovereign wealth fund as a sort of government savings account. Qatar has a similar fund ...