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Sun 13 Sep 2026
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Public Investment Fund (PIF)

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.

Latest in Public Investment Fund (PIF)

xAI lease data center Saudi AI

xAI in Talks to Lease Data Center Capacity in Saudi Arabia

Riyadh, Saudi Arabia — Elon Musk’s artificial intelligence venture, xAI, is in active discussions to lease data center capacity in…

July 17, 2025
PIF green bonds Giga Projects

PIF Commissions Strategic Review of NEOM’s “The Line” Project

Riyadh, Saudi Arabia — The Public Investment Fund (PIF) has requested a strategic review of The Line city project in…

July 15, 2025
PIF green bonds Companies

PIF Launches TASAMA Business Services Company from BIAC Merger

Riyadh, Saudi Arabia — The Public Investment Fund (PIF) has unveiled Tasama, a wholly owned business-services company formed by merging…

July 13, 2025
Neo Space Group UP42 acquisition AI

Neo Space Group Finalizes Acquisition of UP42 from Airbus

Riyadh, Saudi Arabia — Neo Space Group (NSG), Saudi Arabia’s leading commercial space services provider, has finalized its acquisition of…

July 13, 2025
New Murabba Stadium design Arup Construction

Arup Named Executive Designer for New Murabba Stadium in Riyadh

SPA — The New Murabba Development Company, a subsidiary of the Public Investment Fund (PIF), has appointed Arup as the…

July 10, 2025