Get the Kingdom's essential business and market news — delivered as it happens. Free.
Track the latest updates from Saudi Arabia’s Public Investment Fund (PIF), the sovereign wealth fund driving the Kingdom’s biggest investments. This section highlights PIF’s local and global ventures, funding for giga-projects, and key partnerships. Learn how it supports economic diversification under Vision 2030.
Riyadh, Saudi Arabia — Elon Musk’s artificial intelligence venture, xAI, is in active discussions to lease data center capacity in…
Giga Projects
Riyadh, Saudi Arabia — The Public Investment Fund (PIF) has requested a strategic review of The Line city project in…
Companies
Riyadh, Saudi Arabia — The Public Investment Fund (PIF) has unveiled Tasama, a wholly owned business-services company formed by merging…
AI
Riyadh, Saudi Arabia — Neo Space Group (NSG), Saudi Arabia’s leading commercial space services provider, has finalized its acquisition of…
SPA — The New Murabba Development Company, a subsidiary of the Public Investment Fund (PIF), has appointed Arup as the…