Saudi Arabia's Public Investment Fund (PIF) on Tuesday reduced its stake in Nintendo Co., Ltd. after a report claimed that it is considering the possibility of increasing its holding in the video game company. According to a Japanese regulatory filing, the PIF lowered its stake in Nintendo to 7.54% from the...
Saudi Arabia's Public Investment Fund (PIF) is exploring the possibility of increasing its stake in Nintendo and other major Japanese gaming companies, according to a report by Kyodo News on Saturday.
Prince Faisal bin Bandar bin Sultan Al Saud, vice chairman of PIF's gaming unit, revealed the plan...
The Saudi Arabian Public Investment Fund reported on Sunday that its gross assets under management have increased to 2.2 trillion riyals or slightly over $595 billion in 2022. Compared to 2021, the figure was 13% higher.
The fund's annual report also revealed that the fund's local investments...
Saudi Arabia's Public Investment Fund (PIF) would be holding talks with Aston Martin for a stake in the business as this company is looking for additional funds for its next range of cars, Financial Times reported on Thursday, citing people with knowledge of the topic.
Discussions are at an early phase....
Mohammed bin Abdullah al-Jadaan, Saudi Arabia's minister of finance, told the Wall Street Journal that the Public Investment Fund (PIF), is considering the possibility to raise cash this year, possibly in the form of a syndicated bank loan. The article published on Thursday adds an unnamed source put...
Masayoshi Son's grip over the investment strategy of the world's biggest technology investment fund lead to complaints, in private, by managers of its two leading outside participants, the Wall Street Journal learned. Citing information from people familiar with the matter, the news outlet wrote on...
Saudi Arabia's Public Investment Fund (PIF) has hedged most of its 4.9% stake in Tesla Inc. with the assistance of JP Morgan Chase & Co, the Financial Times reported on Monday.
The program, which was used by sovereign wealth fund after the market close on January 17, is supposed to protect PIF...
The investment fund founded by Russia and China (RCIF) will receive backing from the Saudi sovereign wealth fund (PIF) with a $500 million contribution, a statement by the Russian Direct Investment Fund (RDIF) said on Thursday.
"The agreement sets out that PIF will contribute $500...
Saudi Arabia's Public Investment Fund (PIF) announced an investment deal worth $1 billion with Tesla's rival Lucid Motors on Monday. The carmaker said the investment would be used to fund the launch of its first electric vehicle Lucid Air by 2020. Besides the Lucid Air launch, the deal will finance the...
Up to 16 major banks provided offers for a loan to Saudi Arabia with which it would support its sovereign wealth fund, the Financial Times reported on Thursday without revealing sources. The lenders are set to be selected today and the original idea for an $8 billion package was lifted to $12 billion,...
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