PIF
About PIF
AboutPublic Investment Fund (PIF) is building a world-class domestic and international investment portfolio, and is positioned to be transformed into the world's largest sovereign wealth fund. BackgroundThe Public Investment Fund was originally established in 1971 to invest in commercial projects. In addition to making select investments in a range of companies and assets domestically and internationally. The Fund has contributed to the establishment of numerous Saudi Arabian companies, supporting innovation, diversification and non-oil sector development in the Kingdom. In March 2015, the Council of Ministers issued a decree to transfer oversight of the Public Investment Fund to the Council of Economic and Development Affairs (CEDA). A new Board of Directors was appointed, chaired by His Royal Highness Crown Prince Mohammed Bin Salman Bin Abdulaziz, Chairman of CEDA. Vision and ObjectivesThe Public Investment Fund aims to be a global investment powerhouse and the world's most impactful investor, enabling the creation of new sectors and opportunities that will shape the future global economy, while driving the economic transformation of Saudi Arabia. PortfolioThe Public Investment Fund has a diverse portfolio made up of a significant number of investments, of which around 20 are listed on the Tadawul, the Saudi Stock Exchange. The Fund is building an investment portfolio that is diversified and risk-adjusted across sectors, geographies and assets classes. All investments are primarily based on economic and financial criteria, with a focus on achieving attractive long-term financial returns. General Enquires: Info@pif.gov.saMedia Enquires: Media@pif.gov.saCareers: Jobs@pif.gov.sa
Recent News
PIF Backs Neom
Lucid Group Names Silvio Napoli CEO, Raises $750 Million in New Funding
Saudi Arabia’s PIF on Verge of Cutting Support for LIV Golf
Saudi $1 Trillion Wealth Fund Weighs Creating a Logistics Giant
LIV Golf Seeks $250 Million as Saudi Funding Ends, Eyes Bankruptcy Filing
Liga MX Signs Deal to Return to EA Sports FC Video Game
100 Free EV Chargers Installed In Saudi Arabia
Who's Going To Buy The WSL?
Saudi PIF Drops Al-Hilal Soccer Team Amid Sports Pivot
Stephen A. Smith Accuses PGA Tour of Forcing Golfers to Join LIV: ‘It Was Their Abuse’
Public Investment Fund Signs on as Official Supporter for FIFA World Cup 2026
Richard Caring Sells Majority Stake in Ivy Empire for £1.4bn
Saudi EGDC Boosts Capcom Stake to 6.04%, Expanding Gaming‑Sector Private‑Equity Exposure
LIV, NBA Europe: Has the Iran War Curbed Middle East Sports Spending?
Saudi Arabia Eyes African Critical Minerals
Lucid Motors Names New CEO, Lands More Money From Uber and Saudis
EA Posts Record FY26 Net Bookings of $8.0 B, Driven by Battlefield 6 Launch and Live‑service Growth
Look Out Tesla, There’s A New Robotaxi In Town
Bournemouth: Vitality Stadium Expansion Setback Hits European Plans
Should Spirit and Other Value Airlines LIV?
Saudi Arabia’s PIF Plans to Anchor King Street’s Regional Credit Fund
$1 Trillion NEOM’s The Line Project Halted Until After 2030
Netflix Continues Boxing Push With Fury–Joshua Superfight
Lucid Group Names Silvio Napoli CEO, Secures $750 Million Lifeline From Saudi PIF and Uber
LIV Golf Engages Fans with Agentic AI
LIV’s New Board Directors Also Take Over U.K. Positions
AlUla Development Company Commences Construction on NUMAJ, Marking a New Phase of AlUla's Development
Uber (UBER) Now Owns 11.5% of Lucid (LCID): It Gets Interesting
Clearing the Browser: Some Weekend Reading/Watching/Listening Options
SA Premier Defends Course Development Despite LIV Golf Doubts
Saudi EGDC Boosts Capcom Stake to 6.04%, Marking Deeper Sovereign‑Wealth Play in Gaming
Sporticast: What’s Going On With LIV Golf?
Middle East: Key Trends Shaping 2026
Accenture Teams with Saudi AI Firm HUMAIN to Scale Enterprise AI in Kingdom
Your AI Isn’t My AI: The Quiet Splintering Ahead
Saudia and Neo Space Group Launch Advanced IFC
‘Grand Theft Auto’ Maker Take-Two Plots Its Next Move in a Consolidating Gaming Industry
Concacaf and PIF Launch Next Game Plan to Help Female Players Transition to Life After Playing
Japanese Clubs Cannot Compete with Big-Spending Saudis, Says Kobe Coach Skibbe
Deepak Ahuja Joins Redwood Materials as CFO, Boosting EV Battery Recycling Leadership
LIV Golf Drops ‘Any Shot, Any Time’ Feature, Working to Refund Customers
Bryson DeChambeau Takes Driver’s Seat as LIV Golf Talks Heat Up
Surj Reiterates Sports Commitments Following PIF’s Partial Retreat
SpaceX in Talks with Saudi Arabia’s PIF for a $5B Anchor Stake in a Record-Targeting $75B IPO
LIV Golf Holds ’Emergency Meeting’ Amid Rumors of Shutdown
COMMENT: Should the Ceasefire Fail, We Could Expect a ‘Digital Hormuz’ Scenario
News: SBA, LIV Golf, Netflix and More
Saudi Wealth Fund Sells Football Club Al-Hilal
In the Gulf, Not All Retail Markets Are Equal — and the Iran Conflict Is Proving It
World’s Highest-Paid Golfers: Rahm, McIlroy, Scheffler Each Top $80M
Recent Deals
Paramount Secures $24 Billion in Funding From Qatar, Saudi Arabia, & Abu Dhabi to Buy Warner Bros. Discovery
Investor Consortium Buys Electronic Arts for $55B
Saudi Fund, Kushner Firm Face Canadian Pushback on US$55 Billion EA Takeover
Proposed $55B Takeover of Electronic Arts by Saudi‑backed Group Including PIF, Silver Lake and Affinity Partners
Esports Nations Cup Secures $45M Funding Commitment From Saudi Arabia's Public Investment Fund
Lucid Raises $1.05B, Backed by $550M From Saudi Public Investment Fund and $200M From Uber
Hemab Therapeutics Raises $157M in Series C Led by Sofinnova Partners