PIF

Saudi information security firm Elm to acquire Tabadul

Saudi information security firm Elm to acquire Tabadul

Published 09/08/2020

DUBAI (Reuters) - Saudi information security company Elm is to acquire digital services company Tabadul from Saudi Arabia’s sovereign wealth fund, Elm said in a [more…]

Exclusive: Saudi PIF in talks to invest in aspiring Tesla rival…

Exclusive: Saudi PIF in talks to invest in aspiring Tesla rival…

Published 19/08/2018

(Reuters) - PIF, the Saudi Arabian sovereign wealth fund that Tesla Inc (TSLA.O) CEO Elon Musk has said could help him fund a $72 billion [more…]

Saudi crown prince announces plan for Red Sea tourism project

Saudi crown prince announces plan for Red Sea tourism project

Published 01/08/2017

FILE PHOTO - Saudi Deputy Crown Prince Mohammed bin Salman waves as he meets with Philippine President Rodrigo Duterte in Riyadh, Saudi Arabia, April 11, 2017. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS

Saudi Arabia plans to develop resorts on about 50 islands off the kingdom's Red Sea coast backed by its Public Investment Fund (PIF), according to a statement carried by state news agency SPA on Tuesday.

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