PIF today published its 2024 Annual Report showing strong performance and continuous delivery on its unique mandate to drive Saudi Arabia’s economic transformation and generate sustainable financial returns. PIF’s assets under management (AuM) increased by 19% to $913 billion as of year-end 2024, with an annual average total portfolio return of 7.2% since 2017. Total
The Coca-Cola Foundation (TCCF) and the Global Environment and Technology Foundation (GETF) have partnered with Lesser App, a pioneering technology solution developed by the Saudi women-led company Naqaa Solutions For Environmental Services, to help reduce packaging waste and improve waste recovery in the Kingdom. The partnership reflects TCCF’s ongoing commitment to supporting impactful local initiatives
Golf Saudi confirmed that global professional services firm Aon sponsored the PIF London Championship, which took place at Centurion Club. The support from Aon plc (NYSE: AON) as official partner for the event, which started on Friday and concluded on Sunday, underscored a shared purpose and global commitment with Golf Saudi to empower female athletes on the
Cityscape Global 2025, the world’s most attended real estate event, will serve as the premier platform to explore the transformative impact of Saudi Arabia’s newly approved foreign homeownership law. The announcement, which opens designated zones across the Kingdom to foreign property ownership starting in 2026, marks a pivotal moment in Saudi Arabia’s real estate development
Millennium Hotels and Resorts Middle East & Africa, in partnership with Taiba, a Saudi forward hospitality company proudly announces the relaunch of two iconic properties in the heart of Madinah: Millennium Al Aqeeq and Millennium Taiba. Strategically located steps from Al-Masjid An-Nabawi, both properties offer a spiritually enriching stay experience for Umrah pilgrims, families, and
Kilow, Saudi Arabia’s leading digital health and weight loss platform, is proud to announce the official launch of Kilow Marketplace: a first-of-its-kind platform that brings together medical tools, lab testing, nutritional supplements, medications, and fitness essentials – all in one place to support users across every stage of their wellness journey. Kilow Marketplace marks a
The Saudi Real Estate Refinance Company (SRC), a PIF company, has signed a new agreement with Arab National Bank to acquire a real estate finance portfolio in the presence of His Excellency Majid bin Abdullah Al-Hogail, Minister of Municipalities and Housing and Chairman of the Board of the Saudi Real Estate Refinance Company, and Eng.