The government indicated that the transfer to the sovereign wealth fund aims to boost the national economy by diversifying its resources and creating more investment opportunities.
Browsing: PIF
Saudi Arabia’s Public Investment Fund deployed USD 31.6 billion across deals in various countries, including Brazil.
Saudi Arabia’s Public Investment Fund has raised its stake in the UK luxury carmaker to 20.5% from 17.9%.
The Arab country stroke a USD 37 billion deal with the US aircraft manufacturer. Most planes are set for Riyadh Air — the carrier announced by the Saudi prince earlier this week.
This Monday (13), Frederico Trajano participated in an event held by the Public Investment Fund (PIF), Saudi Arabia’s sovereign fund.
The estimate regarding the Public Investment Fund (PIF) is from the Institute of International Finance. The amount could increase to USD 400 billion by 2020.
The Arab Chamber’s Michel Alaby, Apex-Brasil’s Karen Jones and the Paraná Development Agency’s Adalberto Neto are attending the Future Investments Initiative conference, which began this Tuesday in Riyadh.
The Future Investment Initiative will run from October 23 to 25 in Riyadh and executives from major multinational corporations will attend. The event is held by Public Investment Fund, a Saudi Arabian sovereign fund.
