Analysis

PUBLIC INVESTMENT FUND (PIF)

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

• Lucien Zeigler
• |
• 10. 2. 2017

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.

• Kingdom Tower Jeddah

  

  The Impressive New Cranes Custom Built to Make the World’s Tallest Building in Saudi Arabia

  SUSTG Team  |  9. 25. 2017

  A video posted to YouTube last year shows the impressive array and implementation strategy for the custom cranes that will build the world's tallest building in Jeddah, Saudi Arabia.

• Entertainment

  

  PIF $2.7b Bet on Entertainment an Investment Toward a ‘Vibrant Saudi Society’

  SUSTG Team  |  9. 21. 2017

  Saudi Arabia's Public Investment Fund (PIF) announced on September 20 that it is setting up a new company to invest in the entertainment sector, as the Kingdom looks to achieve a more vibrant society - a stated goal of Saudi Arabia's Vision 2030.

• 

  Third Monthly Issue of Domestic Sukuk Raises $1.9 Billion, Finance Ministry Says

  SUSTG Team  |  9. 19. 2017

• Saudi Aramco IPO

  

  Conflicting Reports on Delay of Saudi Aramco IPO ‘By a Few Months’ as Key Decisions Remain

  SUSTG Team  |  9. 14. 2017

  Bloomberg reported Wednesday that Saudi Aramco is "preparing contingency plans for a possible delay" to the initial public offering of its state-owned oil company "by a few months into 2019," citing people familiar with the matter. But officials today denied that speculation, according to Reuters.

• Houston Floods

  

  Ambassador Prince Khaled bin Salman Phones Tex. Gov Abbott to Express Saudi Support after Harvey as Students Pitch In

  SUSTG Team  |  9. 5. 2017

  Saudi Arabia's Ambassador to the United States Prince Khaled bin Salman telephoned Texas Governor Greg Abbott to confirm that Saudi Arabia supports the American people following the disaster of Hurricane Harvey.

• Prince Khaled bin Salman

  

  New Saudi Ambassador Prince Khaled bin Salman Gives Interview to Washington Post

  SUSTG Team  |  8. 8. 2017

  Ambassador Khaled bin Salman, who is a son of King Salman and brother of Crown Prince Salman, gave an interview to the Washington Post's Lally Weymouth which appeared in the newspaper today.

• 

  Saudi, UAE Crown Princes Forged Friendship on Overnight Camping Trip in the Saudi Desert Last Year, WSJ Report Says

  SUSTG Team  |  8. 7. 2017

• Mining and Minerals

  

  With Riyadh Metro Progressing, Bechtel Eyes Mining Sector Growth as Saudi Arabia Diversifies

  SUSTG Team  |  8. 2. 2017

  Bechtel, the construction company behind some of the world's largest and most impressive megaprojects, is eyeing growth in Saudi Arabia's mining and minerals sector, according to reports and quotes by the company's Saudi Arabia country manager.

• Saudi-Iraq

  

  Iraq’s Moqtada al-Sadr Visits Jeddah, Meets with Crown Prince Mohammed bin Salman

  SUSTG Team  |  7. 31. 2017

  Iraq's influential Shi'ite cleric Moqtada al-Sadr made a rare visit to Saudi Arabia on Sunday, where he met the Saudi crown prince and other officials, according to the SPA and Reuters.