PIF
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…]
(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…]
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.
