PIF and Google Cloud to create advanced AI hub in Saudi Arabia
Oct 30, 2024 · AI hub is expected to generate thousands of job opportunities and increase the GDP of Saudi Arabia by $71 billion over the next eight years. Advances in Arabic-language models along with AI and digital upskilling programs to revolutionize and transform AI experience. PIF and Google Cloud today announced a strategic partnership to create a new ...
Saudi Arabia's PIF signs MoUs worth up to $51 bln with Japanese …
6 days ago · Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), has signed five Memorandums of Understanding (MoU) with Japanese financial institutions worth up to an overall $51 billion ...
Saudi PIF strikes 3 deals to boost renewable energy ... - Arab News
Jul 16, 2024 · Saudi Arabia has invested heavily in diversifying its energy mix toward renewable sources to meet its pledge to cut carbon emissions and promote sustainable development.
PIF | Home | Public Investment Fund
PIF is a global and domestic investor. As one of the world's largest sovereign wealth funds, PIF is a key driver of Saudi Vision 2030, with HRH Crown Prince Mohammed bin Salman Al-Saud as Chairman.
Saudi Arabia’s PIF expands green investments to $19bn ... - Arab News
Oct 14, 2024 · PIF is attracting sustainable investments into Saudi Arabia’s eco-conscious economy by issuing green bonds and funding critical projects in renewable energy, energy efficiency, water...
News & Insights | Public Investment Fund - PIF
30 October 2024 PIF and Brookfield sign memorandum of understanding to expand investment opportunities in Saudi Arabia and region. Press Releases. 20 October 2024 PIF announces the establishment of ‘sarcc’ company to meet growing staff accommodations demand.
Saudi Arabia’s Nearly $1 Trillion Wealth Fund Swings to Profit
Jul 2, 2024 · The scale of the PIF’s ambitions, which include a $40 billion artificial intelligence fund, a $100 billion electronics manufacturing investment vehicle and vast new developments across Saudi...
Saudi Arabia’s PIF generated 8.7% shareholders’ return ... - Arab News
Aug 19, 2024 · RIYADH: Saudi Arabia’s Public Investment Fund generated an average annual shareholders’ return of 8.7 percent by the end of 2023, highlighting its significant role in the Kingdom’s ongoing ...
Saudi Arabia has become ‘transformative force for progress’: PIF …
Oct 29, 2024 · Saudi Arabia has become a transformative force for progress in the world, the governor of the Public Investment Fund (PIF) said Monday, as the eighth edition of the Future Investment Initiative (FII) began in Riyadh.
Saudi Arabia’s PIF was top global investor in 2023 with deals …
Jan 1, 2024 · Saudi Arabia’s Public Investment Fund was the top investor among global sovereign wealth funds last year as the kingdom's sovereign wealth fund continues to boost its investment portfolio, according to a new report.
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