Riyadh, February 08, 2024, SPA -- The Saudi Facility Management Company 'FMTECH' and the Oil Park Development Company (OPDC) 'THE RIG.' - both subsidiaries of the Public Investment Fund (PIF) have ...

The fund will support ongoing drilling activities to reach plateau production at the proposed SS Pilot Project.

National Public Radio and three local stations filed a lawsuit against President Donald Trump, arguing that an executive order aimed at cutting federal funding for the organization is illegal. The ...

Saudi Arabia’s Public Investment Fund (PIF) and Hyundai Motor Company began work to establish a state-of-the-art automotive manufacturing facility at King Salman Automotive Cluster, marking a ...

Neuberger will work with the nation’s Public Investment Fund to start a Riyadh-based platform supporting as much as $6 billion of investments, according to an emailed statement Wednesday.

multi-fund investment platform spanning venture capital, growth equity, buyout, and public equities. The Firm has approximately $5.3 billion in regulatory assets under management and has invested ...

Local papers reported the rig had found something ... chain and New York’s Empire State Building. Saudi’s Public Investment Fund, set up in 1971, is ultimately controlled by Crown Prince ...

While it isn’t clear if and when a full launch will occur, the company behind the MegaETH public ... Fund’s seventh edition of its “Integrated Balance of Payments and International ...

In the Middle East, sovereign wealth funds like Saudi Arabia’s Public Investment Fund and the UAE’s Abu Dhabi Investment Authority are funnelling money into sectors like AI, video gaming ...

In a joint statement, commissioner Jay Monahan, Tiger Woods and Adam Scott say that having Trump involved "brought us closer to a final deal" with the Saudi sovereign wealth fund. By Alex Weprin ...

Saudi Arabia’s Public Investment Fund is worth about $925 billion. A sovereign wealth fund is an investment fund owned and operated by a government. There are hundreds worldwide, according to ...

This story has been updated to correct information. A robust stock market delivered strong investment returns in 2024 for Ohio's five public pension systems, boosting the collective portfolio to $ ...