PUBLIC INVESTMENT FUND

Keeping Track of Saudi Arabia’s Public Investment Fund’s Expanding Footprint

Deputy Crown Prince Mohammed bin Salman with the head of Japan's Softbank.
Saudi Arabia's Public Investment Fund (PIF) has created a handful of new companies in several sectors in the Kingdom while investing in many others, injecting capital and a new competitor in the housing, energy, waste and recycling, tourism, transportation sectors and more.

Saudi Arabia

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Public Investment Fund

Saudi Wealth Fund Widens Economic Role With Mortgage Company

Saudi Arabia’s sovereign wealth fund is setting up a mortgage refinancing company as it deepens the role it plays in the Arab world’s biggest economy. ...

 

Extremism

Saudi Arabia, Home of Islam, Will Start Policing Prophet Muhammad’s Teachings to Stop Terrorism

Saudi Arabia, which has long been linked to global terrorism, now says it will police the teachings of the Prophet Muhammad to make sure followers ...

 

Mark Mobius

Legendary investor Mark Mobius could open business in Saudi Arabia

In an exclusive interview with Arab News, Mobius, who is executive chairman of FTI’s emerging markets business, said that he expected a big increase in ...

 

Saudi Succession

Saudi Royal Transition: Why, What, and When?

Saudi succession law does not lay out a strict system of primogeniture -- it merely states that rule passes to the sons and grandsons of ...

 

Aerospace and Aviation

Saudi carrier launches direct flight to Iraq after 27 years

Saudi budget-carrier flynas on Wednesday launched the first direct flight between the kingdom and Iraq since the Gulf War 27 years ago, marking another move ...

 

Gazprom Neft

Russia’s Gazprom Neft eyes cooperation with Saudi Aramco in hard-to-recover oil

Gazprom Neft, the oil arm of gas giant Gazprom, is the fastest growing oil producer in Russia in terms of output. It is keen on ...

 

Renewable Energy

Kite Wind Power Could Help Power Saudi Arabia

“Wind turbines on the Earth’s surface suffer from the very stubborn problem of intermittent wind supply,” said Udaya Gunturu, a researcher with the King Abdullah University ...

 

Saudi Women

New ports authority will be a welcoming place for Saudi women to work: Minister Nabil Al-Amoudi

The Saudi Ports Authority will be a welcoming place for Saudi women to work, Transport Minister Nabil Al-Amoudi announced at the organization’s official launch event ...

 

Saudi-Iraq

60 Saudi Firms Seek Investment Opportunities in Baghdad International Fair

Saudi Export Development Authority is part of the Saudi pavilion at the Baghdad International Fair in its 44th session, from October 21 to 30, with ...

 

Digital Transformationi

Saudi Arabia to Establish a Leadership, National Sustainable Development Center

Digital transformation is the core strategy of Saudi Vision 2030, with Saudi companies increasingly adapting themselves to be part of the vision program. Crown Prince Mohammed ...

 

Yemen Civil War

GOP Senator Stalls Trump Nominee Over Saudi Handling Of U.S. Aid For Starving Yemenis

Sen. Todd Young (R-Ind.) on Wednesday indicated that he’s willing to prevent the Senate from confirming a key Trump administration pick until the State Department ...

 

Archaeology

Hundreds of Mysterious Ancient Stone Structures Discovered on Lava Domes

Hundreds of huge, mysterious stone structures have been discovered on ancient lava domes in Saudi Arabia. Using Google Earth, Australian archaeologist David Kennedy has documented ...

 

Saudi +

Regional and related topics

Iraqi Kurdistan

Iraqi Kurds say open to talks after Baghdad military operation

The Iraqi Kurdish regional government said Thursday it was open to talks with Baghdad after central government forces seized a swathe of disputed territory from ...

 

Iran in the Region

Analysis: America Has Become Dispensable in Iraq

Iran is showing everyone in the region that it is the indispensable ally—not the United States. It is securing its corridors across Iraq and Syria, ...

 

Afghanistan

Dozens Of Soldiers Killed In Taliban Attack On Afghan Army Camp

The Afghan Defense Ministry says 43 soldiers have been killed and nine wounded in a Taliban attack on an army camp in the southern province ...

 

Turkey

Merkel wants EU aid cut to Turkey for democratic backsliding

Germany Chancellor Angela Merkel is calling for cuts in European Union financial assistance aimed at helping Turkey get ready for eventual EU membership, given what ...

 

Syria

A trip through horror, confusion and contradictions in Syria

What happens when you hit the road in Syria, headed toward the capital of Islamic State’s self-declared caliphate? A lot, it turns out. ...

 

Egypt

Criticized for Egypt ties, France to raise human rights with al-Sisi

President Emmanuel Macron, conscious of criticism of France’s policy on Egypt, will raise his concerns over human rights when he meets Egyptian leader Abdel Fattah ...

 

Iraq

Baghdad reminds oil companies that it’s in charge

Amid northern Iraqi skirmishes, Russian oil company Rosneft said it solidified a deal with the semiautonomous Kurdish government. ...

 

U.S.-Iran

Perspective: Confronting Iran Doesn’t Have to Mean Scrapping Nuclear Deal

Differences on the direction of Iran policy erupt when the discussion turns to whether the post-deal atmosphere has caused Iran to become a more responsible ...

 

Pakistan

Navy SEALs Were Ready if Pakistan Failed to Free Family Held as Hostages

A C.I.A. drone was circling a remote valley in northwest Pakistan last month when it picked up an unusual sight: a young woman and children ...

 

Shale

Boom in American Liquefied Natural Gas Is Shaking Up the Energy World

A shale gas drilling boom over the last decade has propelled the United States from energy importer to exporter, taking the country a giant leap ...

 

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