Tag: Public Investment Fund


Saudi Arabia make-a-splash soccer stadia move

Procurement process started for King Abdullah Sports City Stadium in Jeddah

Saudi Arabia has started the procurement process for football stadiums. ‘MEED’ stated that the Public Investment Fund (PIF) has invited consultants to bid for a contract to manage the King Abdullah Sports City Stadium in Jeddah (Saudi Arabia). The contract will involve the operation and upgrade... » Read more


SEVEN relax-rejuvenate Almadinah destination

Saudi Entertainment Ventures starts construction

The Saudi Entertainment Ventures (SEVEN), a wholly-owned subsidiary of the Public Investment Fund (PIF), has announced construction work on its new entertainment destination in Almadinah (Saudi Arabia). ‘SAUDI ENTERTAINMENT VENTURES’ stated that construction is underway with the Al Bawani... » Read more


PIF to call the WWE shots as McMahon returns?

WWE bought by Saudi PIF

American media proprietor Vince McMahon has sensationally returned to the World Wrestling Entertainment (WWE) and is reportedly in talks to sell the franchise to the Premier League club Newcastle United F.C.’s (UK) Saudi Arabian owners. ‘talkSPORT’ stated that Saudi Arabia’s Public... » Read more


PIF dive deep into world of football

Saud Arabia Public Investment Fond to put GBP2bn in soccer

The Public Investment Fund (PIF) of Saudi Arabia has committed £2 billion to new long-term football sponsorship deals outside of the Premier League team Newcastle United F.C. (UK) in 2022. ‘Newcastle World’ stated that the PIF, who own 80 percent of ‘The Magpies’, has invested heavily... » Read more


SEVEN’s ambitious plans for Saudi Arabia

Saudi Arabia - Seven

The Saudi Entertainment Ventures Company (SEVEN) – which is a fully owned subsidiary of the sovereign Public Investment Fund (PIF), and is authorized to invest, develop, and operate entertainment destinations in Saudi Arabia – has unfolded plans to expand its network by setting up additional... » Read more


Saudi tourism masterpiece Amaala standalone entity

The sovereign wealth fund of Saudi Arabia – has absorbed Amaala as a standalone company.

Public Investment Fund (PIF) – the sovereign wealth fund of Saudi Arabia – has absorbed Amaala as a standalone company. Amaala is a visionary giga-project initiated by the PIF in northwest Saudi Arabia. Amaala’s objective is to set new benchmarks in sustainable development while giving the... » Read more


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