PUBLIC INVESTMENT FUND

PIF Picks All-Star Investors for FII Advisory Board

FII 2018
Saudi Arabia's Public Investment Fund (PIF) has formed an advisory board of 11 top technology, finance and business executives that will provide strategic guidance on developing the kingdom's Future Investment Initiative as platform that attracts investment.

Saudi Arabia

News, analysis, and more

Tesla

Elon Musk, Tesla and the Saudi connection

Unfortunately, my reporting suggests that the Saudis have no intention of spending an extra $5bn, $10bn or $15bn to take the company private and if ...

 

War in Yemen

US to Continue Backing Saudi Coalition in Yemen War

Defense Secretary Jim Mattis said Tuesday the U.S. intends to continue backing the Saudi-led coalition fighting Houthi rebels in Yemen despite civilian casualties and questions ...

 

Driving Economy

78% of Saudi female drivers plan to buy a car

Over three-quarters of women who intend to drive (78%) plan to buy a car. A majority (84%) say the decision of which car to buy ...

 

Saudi Workforce

Saudization in 12 retail sectors; inspections begin in 12 days

The 12 work areas banned for expats are: watch shops, optical stores, medical equipment stores, electrical and electronics shops, outlets selling car spare parts, building ...

 

Women

Saudi women tech entrepreneurs flourish at US incubator

Since its inception in 2014, Halcyon Incubator's full-time fellowship has supported 61 ventures it says have raised more than $56 million and created some 500 ...

 

Advertising

UK regulator Ofcom bans Saudi Arabia TV advert

The advert, which ran on Sky 1, promoted the country's Vision 2030 reform agenda and featured images of women driving and cinemas opening. But Ofcom said ...

 

Security

Yemen’s Houthis say missile fired at Saudi Arabia’s Najran region

Yemen’s Houthi rebels fired a ballistic missile just over the border into Saudi Arabia, causing no apparent casualties, amid growing international concern about civilian casualties ...

 

Olympics

Saudi royals appointed to International Olympic Committee

The three are Prince Abdulaziz Bin Turki Al-Faisal Al-Saud, Vice Chairman of the General Sports Authority (GSA) of Saudi Arabi, Princess Reema Bint Bandar Al ...

 

Environment

Saudi divers to the rescue of the Red Sea environment

This city is famous for the Red Sea. Scuba diving is popular among Jeddawis and residents as the sea offers so much to explore, and ...

 

Public Investment Fund

Saudi Arabia’s PIF forms FII advisory board of international executives

The Public Investment Fund, Saudi Arabia's sovereign wealth fund, has formed an advisory board that includes 11 executives from across the globe's technology, finance and ...

 

Saudi Royal Family

Woman who faked ties to Saudi royals convicted in Detroit

But behind the glamour lurked a scammer — a woman who authorities say got rich by conning investors out of money, pretending she was an international ...

 

Saudi +

Regional and related topics

Syria

Mattis: US Troops Can’t Leave Syria Until UN Peace Talks Advance

In a rare Pentagon press conference, James Mattis said a drawdown must wait for more diplomatic progress toward a United Nations-negotiated peace in Geneva that ...

 

UAE

Commentary: Ambitious UAE flexes military muscle

Today, the UAE operates ports in four of the seven countries bordering the Red Sea (Egypt, Somalia, Yemen, and Saudi Arabia), and military bases in ...

 

Afghanistan

DoD: Afghanistan operations could hit 22 years ― but don’t call it a permanent presence

U.S. operations in Afghanistan, now in their 17th year, should not be seen as a permanent U.S. presence there, Defense Secretary Jim Mattis and Chairman ...

 

Iran Sanctions

You Can Run, but You Can’t Hide From Iran Sanctions

As the U.S. begins to reimpose tough sanctions on Iran, defenders of the 2015 nuclear deal are peddling myths. They say Russia, China and India ...

 

ISIS

ISIS leader Abu Bakr al Baghdadi calls on his supporters to carry out terrorist attacks worldwide

In a public statement by ISIS leader Abu Bakr al Baghdadi, the first for a year, he calls on his supporters to carry out terrorist ...

 

Syria

Syria war: The entrepreneur opening bars in Damascus

Somar says nightlife in the city is thriving, despite Damascus being ranked the least liveable city in the world earlier this month. ...

 

Palestine

U.N. schools open in West Bank, Gaza despite U.S. funding cut

Schools run by the U.N. agency for Palestinian refugees opened in the occupied West Bank and Gaza Strip on Wednesday after it secured funding to ...

 

ME LNG

Kuwait and Nigeria Will Be Growth Engines of LNG Industry in Middle East and Africa, Says GlobalData

In the Middle East and Africa, 11 liquefaction terminals are expected to become operational between 2018 and 2022. The total planned liquefaction capacity in 2022 ...

 

John McCain

Senate void left by McCain’s death won’t be filled soon — if ever

As senators went to the floor to pay tribute to the late Arizona Republican this week, there was an overwhelming sense that the Senate had ...

 

Mali Strike

Airstrike kills terrorist leader tied to deadly ambush on US troops

The US military maintains a presence in Niger to "provide training and security assistance to the Nigerien Armed Forces, including support for intelligence, surveillance and ...

 

Turkey

Traders sell lira after Turkey’s economic confidence hits 9 year low

One measure of economic confidence for August hit 83.9, slumping from 92.2 in July. In response to that data, the lira shed value to reach ...

 

Yemen Civil War

US to Continue Backing Saudi Coalition in Yemen War

At a rare Pentagon news conference, Mattis defended U.S. support for the coalition, saying American influence on the Arab air campaign has made a difference ...

 

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