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
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
Saudi Arabia Eyes African Critical Minerals
Lucid Motors Names New CEO, Lands More Money From Uber and Saudis
Saudi Arabia’s PIF Plans to Anchor King Street’s Regional Credit Fund
Saudi EGDC Boosts Capcom Stake to 6.04%, Marking Deeper Sovereign‑Wealth Play in Gaming
Middle East: Key Trends Shaping 2026
Saudia and Neo Space Group Launch Advanced IFC
Bryson DeChambeau Takes Driver’s Seat as LIV Golf Talks Heat Up
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
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
Aya Closes $7 Million Series A to Scale On-Demand Fashion Model
Finance Titans Bet Mideast Resilience Will Outweigh War Fallout
The Middle East’s Butterfly Effect on the Global Economy
Paramount Secures $24 Billion in Funding From Qatar, Saudi Arabia, & Abu Dhabi to Buy Warner Bros Discovery
Digital Infrastructure in the GCC: Becoming the Cornerstone of Economic Power
Singapore’s Olam Group Reshuffles Executive Team
Tower Operator SBA Communications Is Exploring a Potential Sale
Saudi Arabia on Verge of Pulling LIV Golf Support, Say Reports
London Lions CEO: We’d Love to Be in NBA Europe but We Have a Reason to Exist Anyway
New Frontier In The Gulf
Gulf Backers Invest $24 Billion in Paramount’s Deal for Warner Bros.
Lucid Motors Recalls over 4,000 Gravity SUVs over Seat Belt Defect
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
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
Hemab Therapeutics Raises $157M in Series C Led by Sofinnova Partners
