Public Investment Fund (PIF) Archives

PIF AI subsidiary SCAI names George Nazi as its new CEO

Nazi currently serves on the advisory boards of SandboxAQ and Quantum Metric

This is the Kingdom’s second-ever GBP-denominated debt issuance

STC already has a foot in Europe, after acquiring a stake in Spain’s Telefonica

Offering could be as soon as next Monday

Plus: Saudi gets prominent play in Bloomberg’s coverage of Steve Mnuchin’s “foreign war chest”

Bankers want clarity on what declaring Riyadh their regional HQ could mean for their Mideast operations

The PIF is ramping up its annual deployment capacity to USD 70 bn a year starting 2026

The fund’s brand is valued at USD 1.1 bn

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