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Saudi wealth fund PIF to acquire 49% stake in Rocco Forte

Saudi wealth fund PIF’s investment will include an element of primary equity, and the completion of the deal is subject to regulatory approval.

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Saudi Arabia's PIF secures $5bn loan covered by K-SURE

PIF said the deal is the first export credit agency financing by the sovereign fund and will help finance exports from Korea to Saudi Arabia.

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Saudi Arabia's PIF sets up fitness and wellbeing company

PIF said Kayanee will adopt a female-focused approach to all its services, prioritising mental, physical and social health to create a vibrant society.

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Saudi Arabia's PIF sets up company to boost tourism sector

PIF said the new company will invest in new tourism projects and develop attractive destinations in cities across Saudi Arabia.

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Saudi Arabia's PIF sets up company to promote Ajwa dates

PIF said the new company will play a key role in improving the quality and production capacity of Ajwa dates in the Madinah region.

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