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The Latest Breaking News from PIF

Saudi Arabia Teams Up With Foxconn To Launch Its Own Ceer EV Brand

Ceer is a joint venture between Saudi Arabia's Public Investment Fund and Taiwan's Foxconn; it will license component tech from BMW in the development phase.

InsideEVs

Crown Prince Launches Ceer, the 1st Saudi Electric Vehicle Brand

Crown Prince Mohammed bin Salman bin Abdulaziz launched on Thursday Ceer, the first Saudi electric vehicle brand that will contribute to Saudi Arabia’s automotive manufacturing sector. The Crown Prince is also the Saudi Prime Minister and Chairman of the Public Investment Fund (PIF). “Saudi Arabia is not just building a…

Asharq Al-Awsat

PIF Focuses on Achieving ‘Impact’ for Saudi Economy Development

The Saudi Public Investment Fund’s (PIF) strategy focuses on achieving economic impact through operable sectors, said Abdullah Alsalem, PIF’s head of strategy and planning.

Asharq Al-Awsat

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Saudi Crown Prince: PIF to Establish Five Regional Investment Companies

Saudi Crown Prince Mohammed bin Salman, Prime Minister, Chairman of the Council of Economic and Development Affairs and Chairman of the Public Investment Fund, announced on Wednesday that the Fund will establish five companies aimed at investing in Bahrain, Iraq, Jordan, Oman, and Sudan. The announcement follows the launch of…

Asharq Al-Awsat

Future Investment Initiative: Innovation Is Key to Enhancing Global Human Capabilities

Governor of the Saudi Public Investment Fund (PIF) Yasir Al-Rumayyan stressed the need for the world to be open to innovation, highlighting the importance of investors joining efforts to achieve long-term ambitions. In remarks on Tuesday at the Future Investment Initiative forum, Al-Rumayyan said that Saudi Arabia has been able…

Asharq Al-Awsat

Unai Emery's reasons for rejecting Newcastle United after Aston Villa appointment

Emery will return for his second spell in England at Aston Villa - 11 months after turning down Newcastle.

Chronicle Live

Saudi PIF Establishes Regional Voluntary Carbon Market Company

The Public Investment Fund (PIF) announced the establishment of the Regional Voluntary Carbon Market Company, where PIF holds an 80% stake and Saudi Tadawul Group Holding Company holds a 20% stake in the company.

Asharq Al-Awsat

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PIF Launches Halal Products Development Company

The Public Investment Fund (PIF) announced the launch of the Halal Products Development Company, which will invest in localizing the Halal production industry in Saudi Arabia by increasing the efficiency of the ecosystem locally. The company will also support the development of knowledge and innovation in this key industry, with…

Asharq Al-Awsat

Australia promises millions in climate, security aid for Pacific

Some 900 million Australia dollars ($565m) will be allocated to the Pacific region, Foreign Minister Penny Wong said.

Al Jazeera

Frank Lampard's response to 'fair' Newcastle PIF question amid verdict on Klopp and 'strange' FFP

Lampard was asked questions about Newcastle United's ownership ahead of Everton's trip to Tyneside

Chronicle Live

Zain Saudi Arabia Moves Ahead on Towers Sale

Mobile telecommunications company Zain Saudi Arabia said on Sunday it had transferred ownership of its unit Zain Business Limited to the Public Investment Fund (PIF), paving the way for the sale of the company's towers infrastructure. PIF has changed the unit's name to the Golden Lattice Investment Company (GLI), a…

Asharq Al-Awsat

Everything Newcastle United CEO Darren Eales said at round table session with media this week

Newcastle United CEO Darren Eales spoke excellently during his media sessions on Wednesday

Chronicle Live

Darren Eales on Newcastle United's 'sleeping giant' potential and 'huge' commercial advantage

Newcastle United's new Chief Executive Officer says door is opening to new deals

Chronicle Live

Newcastle open to further investment from Saudi Arabia to help European ambitions

The Magpies cannot follow in the footsteps of Chelsea and Manchester City because of financial rules

The Independent UK

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Daily Mirror

Saudi owners ready to boost Newcastle transfer spending power to reach new level

The Tyneside club have given a major update on their plans for the future under Saudi Arabian ownership as chief exec Darren Eales looks to bolster Eddie Howe's squad in January and next summer

ABC News

This island territory wants a seat at the Pacific's 'top table'. But who is pulling the strings?

The government of Guam rejects suggestions Washington is behind the United States territory's bid to join the Pacific's peak diplomatic body.

Chronicle Live

Newcastle United evening headlines: 'World class' Bruno Guimaraes and Magpies' Financial Fair Play solution

A look at the latest Newcastle United evening headlines

Chronicle Live

Newcastle United chairman Yasir Al-Rumayyan makes UK trip as PIF commit to £2bn football investment

Newcastle United chairman Yasir Al-Rumayyan was in London on Tuesday at the London Stock Exchange

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Chronicle Live

Newcastle United owners hailed for Eddie Howe masterstroke as supporters give their verdict

While questions were asked when Newcastle United's owners appointed Eddie Howe after failing to land their previous top target Unai Emery, the former has gone on to become a superb hire for the Magpies

Chronicle Live

'Breaks my heart' - Sportswashing and the Newcastle fans still 'hollow' after Saudi takeover

It has been a year since the Newcastle United takeover was finally approved but the topic of sportswashing with Saudi Arabia's Public Investment Fund remains in the headlines

Asharq Al-Awsat

Saudi PIF Successfully Issues Inaugural Century Green Bond

The Public Investment Fund (PIF) announced on Thursday its first-ever bond issuance — the century green bond — raising $3 billion to finance or refinance PIF’s green investments.

Chronicle Live

Wor Flags plan special display to mark one-year anniversary of Newcastle takeover

PIF completed their takeover of Newcastle United in October 2021.

Chronicle Live

Newcastle United's new owners' small wins that have made a big difference

PIF celebrate their one-year anniversary since their takeover of Newcastle.

Chronicle Live

Newcastle evening headlines as Al-Rumayyan writes to supporters, Trippier handed World Cup boost

A round-up of the latest Newcastle United headlines

Chronicle Live

Yasir Al-Rumayyan's telling response before open letter proves PIF boss understands Newcastle United

Newcastle United chairman Yasir Al-Rumayyan's open letter is a reminder that he understands the Geordie faithful one year on from the takeover

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