PUBLIC INVESTMENT FUND (PIF)

Saudi’s PIF Continues Investment Drive in Kingdom’s Tourism and Hospitality Development

saudi-tourism
Saudi Arabia's Public Investment Fund (PIF) is continuing to expand its investment portfolio in Saudi Arabia's travel, tourism, and leisure infrastructure across different regions of the country as part of the Kingdom's Vision 2030 economic and social reform plans.

Saudi Arabia

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CMA

Saudi market regulator loosens asset management rules

The revisions will reduce requirements for obtaining a “management activity” license, aiming to boost the number of asset managers in the kingdom and increase private ...

 

FTSE EM

Saudi Arabia Still Poised for EM Inclusion 2018, Franklin Says

An estimated total assets under management of $115 billion, largely passive, are benchmarked against FTSE EM indices, and Kuwait’s share of the index is likely ...

 

Driving Ban Lifted

Allowing women to drive is expected to boost Saudi Arabia’s economy

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SMEs

Four in 10 Startups in Saudi Arabia Are Owned by Women

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Vision 2030

Top regulator says Saudi reforms carry execution risk but huge opportunities

One of Saudi Arabia's top financial regulators has admitted there are "execution risks" surrounding the huge reforms the country is embarking on, but spoke of ...

 

Nuclear Power

Saudi Arabia seeks international partners to develop nuclear and atomic energy sector

The officials are said to have discussed the feasibility study of the Saudi project’s initial technical aspects, as well as front end engineering designs (FEED) ...

 

Economy

Recession or Not, This Data May Disappoint Saudi Policy Makers

Saudi officials steering efforts to prepare the kingdom for the post-oil era will likely pay little attention to the main reason that caused the economy ...

 

Saudi-Russia

Saudi Arabia’s King Salman to visit Russia on Thursday

King Salman of Saudi Arabia will visit Russia on Thursday, senior Kremlin aide Yury Ushakov was quoted by the TASS news agency as saying. ...

 

Saudi-Russia

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Tourism and Hospitality

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Public Investment Fund

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Saudi Arabia’s Public Investment Fund (PIF) is forming two real estate development firms to boost the capacity of Mecca and Medina to receive pilgrims, in ...

 

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Savola Group

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Driving Ban Lifted

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Some 750 days after the crane crash incident in Makkah Haram, the Penal Court in Makkah on Sunday acquitted all 13 people who were charged ...

 

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