PIF sells its stake in Meta, Shopify, PayPal, Alibaba, Nu Holdings, FedEx
The PIF’s US portfolio reached USD 23.8 bn at the end of the second quarter compared to USD 25.5 bn…
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The PIF’s US portfolio reached USD 23.8 bn at the end of the second quarter compared to USD 25.5 bn…
Saudi equity holdings accounted for 36% of AUM for the fund
The fund’s brand is valued at USD 1.2 bn
The company will provide business setup support, tech-based services, and advanced business solutions
The fund acquired a 66% stake in the tower’s site, spending USD 200 mn so far
PIF ranked sixth globally in capital deployed over the past 5.5 years
Demand may have been boosted by price cuts for flagship Air sedan
Plus: PIF and other regional funds accounted for more than half of the USD 96 bn that global SWFs invested…
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