SentenceSentimentTitleUrlDate
The PIF would be incorporated in the Russian exclave of Kaliningrad a special economic zone with favorable tax conditions PositiveYandex sometimes referred to as Russias answer to Google provides an array of online services including taxi hailing and the countrys dominant Russianlanguage search engine http://www.reuters.com/places/russia/article/us-russia-yandex-governance/russias-yandex-proposes-governance-revamp-to-allay-kremlin-fears-idUSKBN1XS1GL2019-11-19
Saudi Aramco will pay a million loan charge to the PIF on the closing date and five additional promissory notes in an aggregate principal amount of NegativeSaudi Arabias state oil company kicked off its initial public offering on Sunday by announcing its intention to float on the Riyadh bourse http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-saudi-aramco-ipo-highlights-factbox/highlights-of-saudi-aramcos-intention-to-float-idUSKBN1XD0582019-11-04
The PIF Investment will use the proceeds of the Aramco IPO sale to deliver on the princes ambitious domestic and economic reforms PositiveDUBAI Saudi Aramco officials and advisers are holding lastminute meetings with investors in an attempt to achieve as close to a trillion valuation ahead of an expected Sunday announcement that the initial public offering will go ahead according to three sources http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-saudi-aramco-ipo/aramco-meets-investors-in-last-minute-bid-to-hit-2-trillion-ipo-target-sources-idUSKBN1XB4DF2019-11-02
April PIF invests over billion in U.S. electric carmaker Lucid Motors PositiveSaudi Arabia has tried to attract foreign capital into its nonoil sector and pursue investments abroad as part of Vision 2030 an ambitious plan to diversify its crudereliant economy http://www.reuters.com/finance/dealshttps://www.reuters.com/article/us-saudi-investment-deals-factbox/factbox-major-saudi-arabian-non-oil-deals-since-2016-idUSKBN1X81D42019-10-30
May PIF partners with others to acquire a 57 PositiveSaudi Arabia has tried to attract foreign capital into its nonoil sector and pursue investments abroad as part of Vision 2030 an ambitious plan to diversify its crudereliant economy http://www.reuters.com/finance/dealshttps://www.reuters.com/article/us-saudi-investment-deals-factbox/factbox-major-saudi-arabian-non-oil-deals-since-2016-idUSKBN1X81D42019-10-30
The size of PIFs stake was not disclosed NeutralSaudi Arabia has tried to attract foreign capital into its nonoil sector and pursue investments abroad as part of Vision 2030 an ambitious plan to diversify its crudereliant economy http://www.reuters.com/finance/dealshttps://www.reuters.com/article/us-saudi-investment-deals-factbox/factbox-major-saudi-arabian-non-oil-deals-since-2016-idUSKBN1X81D42019-10-30
March PIF signs an MOU with Endeavor one of Hollywoods biggest talent and event managers to take a million stake PositiveSaudi Arabia has tried to attract foreign capital into its nonoil sector and pursue investments abroad as part of Vision 2030 an ambitious plan to diversify its crudereliant economy http://www.reuters.com/finance/dealshttps://www.reuters.com/article/us-saudi-investment-deals-factbox/factbox-major-saudi-arabian-non-oil-deals-since-2016-idUSKBN1X81D42019-10-30
March PIF invests million in Magic Leap a U.S.based augmented reality startup PositiveSaudi Arabia has tried to attract foreign capital into its nonoil sector and pursue investments abroad as part of Vision 2030 an ambitious plan to diversify its crudereliant economy http://www.reuters.com/finance/dealshttps://www.reuters.com/article/us-saudi-investment-deals-factbox/factbox-major-saudi-arabian-non-oil-deals-since-2016-idUSKBN1X81D42019-10-30
November PIF invests in Middle Eastern ecommerce venture Noon PositiveSaudi Arabia has tried to attract foreign capital into its nonoil sector and pursue investments abroad as part of Vision 2030 an ambitious plan to diversify its crudereliant economy http://www.reuters.com/finance/dealshttps://www.reuters.com/article/us-saudi-investment-deals-factbox/factbox-major-saudi-arabian-non-oil-deals-since-2016-idUSKBN1X81D42019-10-30
April PIF signs a deal with Egypt to create a billion investment fund PositiveSaudi Arabia has tried to attract foreign capital into its nonoil sector and pursue investments abroad as part of Vision 2030 an ambitious plan to diversify its crudereliant economy http://www.reuters.com/finance/dealshttps://www.reuters.com/article/us-saudi-investment-deals-factbox/factbox-major-saudi-arabian-non-oil-deals-since-2016-idUSKBN1X81D42019-10-30
The size of PIFs investment was not disclosed NeutralSaudi Arabia has tried to attract foreign capital into its nonoil sector and pursue investments abroad as part of Vision 2030 an ambitious plan to diversify its crudereliant economy http://www.reuters.com/finance/dealshttps://www.reuters.com/article/us-saudi-investment-deals-factbox/factbox-major-saudi-arabian-non-oil-deals-since-2016-idUSKBN1X81D42019-10-30
The chief of Saudi Arabias sovereign wealth fund PIF Yasir alRumayyan heads the committee which includes senior Saudi officials sources said NeutralOil giant Saudi Aramcos muchvaunted stock market listing was delayed after deal advisers said they need more time to lock in cornerstone investors three sources with direct knowledge of the matter told Reuters http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-saudi-aramco-ipo/aramco-listing-was-delayed-to-rope-in-anchor-investors-sources-idUSKBN1X122F2019-10-23
Reuters could not immediately reach RAA Sanabil or PIF for comment NegativeRIYADH A subsidiary of Saudi Arabias sovereign wealth fund has acquired of consulting firm Richard Attias Associates Saudi financial news website Maaal reported on Sunday http://www.reuters.com/finance/dealshttps://www.reuters.com/article/us-saudi-richard-attias/saudi-fund-acquires-49-stake-in-consulting-firm-richard-attias-maaal-idUSKCN1WL0BP2019-10-07
Reuters could not immediately reach RAA Sanabil or PIF for comment NegativeRIYADH A subsidiary of Saudi Arabias sovereign wealth fund has acquired of consulting firm Richard Attias Associates Saudi financial news website Maaal reported on Sunday http://www.reuters.com/finance/dealshttps://www.reuters.com/article/us-saudi-richard-attias/saudi-fund-acquires-49-stake-in-consulting-firm-richard-attias-maaal-idUSKCN1WL0BP2019-10-07
Discussions on the investment are directly between Mubadala and SoftBank and Mubadalas decision is independent from the potential participation of Saudi Arabias PIF the sources said PositiveABU DHABI Abu Dhabi state fund Mubadala Investment Company is expected to invest in Japanese group SoftBanks Vision Fund 2 in the fourth quarter of 2019 which will focus on technology projects two sources familiar with the matter told Reuters http://www.reuters.com/innovation/article/us-mubadala-softbank/mubadala-expected-to-invest-in-vision-fund-2-in-fourth-quarter-sources-idUSKCN1VQ1QG2019-09-06
A spokesman for SoftBank declined to comment while PIF did not respond to a request for comment NegativeABU DHABI Abu Dhabi state fund Mubadala Investment Company is expected to invest in Japanese group SoftBanks Vision Fund 2 in the fourth quarter of 2019 which will focus on technology projects two sources familiar with the matter told Reuters http://www.reuters.com/innovation/article/us-mubadala-softbank/mubadala-expected-to-invest-in-vision-fund-2-in-fourth-quarter-sources-idUSKCN1VQ1QG2019-09-06
DUBAI Saudi Arabia has named Yasir alRumayyan head of the kingdoms sovereign wealth fund known as the PIF as chairman of Aramco replacing Energy Minister Khalid alFalih as the state oil giant prepares to go public PositiveDUBAI Saudi Arabia has named Yasir alRumayyan head of the kingdoms sovereign wealth fund known as the PIF as chairman of Aramco replacing Energy Minister Khalid alFalih as the state oil giant prepares to go public http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-saudi-aramco-falih/saudi-arabia-names-head-of-pif-as-aramco-chairman-idUSKCN1VN1HM2019-09-03
Bateels owners are in exclusive bilateral discussions with the PIF said five banking sources with knowledge of the deal who declined to be named due to commercial sensitivities NegativeDUBAI Saudi Arabias sovereign wealth fund the Public Investment Fund is in talks with the owners of gourmet date producer Bateel over a potential investment in the firm sources told Reuters http://www.reuters.com/finance/dealshttps://www.reuters.com/article/us-bateel-m-a-saudi-pif-exclusive/exclusive-saudis-pif-eyes-investment-in-date-producer-bateel-sources-idUSKCN1UY18M2019-08-09
Neither the PIF which manages about billion in assets nor Bateel responded to Reuters requests for comment NeutralDUBAI Saudi Arabias sovereign wealth fund the Public Investment Fund is in talks with the owners of gourmet date producer Bateel over a potential investment in the firm sources told Reuters http://www.reuters.com/finance/dealshttps://www.reuters.com/article/us-bateel-m-a-saudi-pif-exclusive/exclusive-saudis-pif-eyes-investment-in-date-producer-bateel-sources-idUSKCN1UY18M2019-08-09
The PIF has a strategy to help support Saudi companies become national and global champions in their sectors PositiveDUBAI Saudi Arabias sovereign wealth fund the Public Investment Fund is in talks with the owners of gourmet date producer Bateel over a potential investment in the firm sources told Reuters http://www.reuters.com/finance/dealshttps://www.reuters.com/article/us-bateel-m-a-saudi-pif-exclusive/exclusive-saudis-pif-eyes-investment-in-date-producer-bateel-sources-idUSKCN1UY18M2019-08-09
PIF also owns a stake in Kuwaiti food company Americana Group PositiveDUBAI Saudi Arabias sovereign wealth fund the Public Investment Fund is in talks with the owners of gourmet date producer Bateel over a potential investment in the firm sources told Reuters http://www.reuters.com/finance/dealshttps://www.reuters.com/article/us-bateel-m-a-saudi-pif-exclusive/exclusive-saudis-pif-eyes-investment-in-date-producer-bateel-sources-idUSKCN1UY18M2019-08-09
Without the PIF there will be no SoftBank Vision he said referring to the Public Investment Fund of Saudi Arabia PositiveTOKYO SoftBank Group Corp http://www.reuters.com/finance/article/us-softbank-group-vision-fund/softbank-groups-108-billion-vision-fund-2-draws-in-microsoft-apple-idUSKCN1UL01F2019-07-26
PIFs twin generate wealth and develop local projects PositiveFridays story with no changes to http://www.reuters.com/finance/markets/article/saudi-pif-investment/rpt-insight-saudi-arabias-hometown-ambitions-could-clip-wealth-funds-wings-idUSL8N23Z2HI2019-06-30
PIF also said significant progress had been made in financing plans for the domestic projects PositiveRIYADH Saudi Arabias Public Investment Fund risks being pulled deeper into Crown Prince Mohammed bin Salmans domestic projects curbing its international ambitions and tying its fortunes closer to its home market four sources familiar with its strategy said http://www.reuters.com/subjects/banks/article/us-saudi-pif-investment-insight/saudi-arabias-hometown-ambitions-could-clip-wealth-funds-wings-idUSKCN1TT0OE2019-06-29
Each GigaProject is developing tailored partnership and financing models through discussions and coordination between PIF the respective management teams and lending the fund said PositiveRIYADH Saudi Arabias Public Investment Fund risks being pulled deeper into Crown Prince Mohammed bin Salmans domestic projects curbing its international ambitions and tying its fortunes closer to its home market four sources familiar with its strategy said http://www.reuters.com/subjects/banks/article/us-saudi-pif-investment-insight/saudi-arabias-hometown-ambitions-could-clip-wealth-funds-wings-idUSKCN1TT0OE2019-06-29
PIF does not release information about its financial performance NegativeRIYADH Saudi Arabias Public Investment Fund risks being pulled deeper into Crown Prince Mohammed bin Salmans domestic projects curbing its international ambitions and tying its fortunes closer to its home market four sources familiar with its strategy said http://www.reuters.com/subjects/banks/article/us-saudi-pif-investment-insight/saudi-arabias-hometown-ambitions-could-clip-wealth-funds-wings-idUSKCN1TT0OE2019-06-29
For a factbox on PIFs investments click on NeutralRIYADH Saudi Arabias Public Investment Fund risks being pulled deeper into Crown Prince Mohammed bin Salmans domestic projects curbing its international ambitions and tying its fortunes closer to its home market four sources familiar with its strategy said http://www.reuters.com/subjects/banks/article/us-saudi-pif-investment-insight/saudi-arabias-hometown-ambitions-could-clip-wealth-funds-wings-idUSKCN1TT0OE2019-06-29
PIF has declined to comment on its intentions for the second technology fund NegativeRIYADH Saudi Arabias Public Investment Fund risks being pulled deeper into Crown Prince Mohammed bin Salmans domestic projects curbing its international ambitions and tying its fortunes closer to its home market four sources familiar with its strategy said http://www.reuters.com/subjects/banks/article/us-saudi-pif-investment-insight/saudi-arabias-hometown-ambitions-could-clip-wealth-funds-wings-idUSKCN1TT0OE2019-06-29
PIF plans to borrow at least another billion later this year via a bridge loan PositiveRIYADH Saudi Arabias Public Investment Fund risks being pulled deeper into Crown Prince Mohammed bin Salmans domestic projects curbing its international ambitions and tying its fortunes closer to its home market four sources familiar with its strategy said http://www.reuters.com/subjects/banks/article/us-saudi-pif-investment-insight/saudi-arabias-hometown-ambitions-could-clip-wealth-funds-wings-idUSKCN1TT0OE2019-06-29
A PIF strategy paper puts the projects expected return at 8 PositiveRIYADH Saudi Arabias Public Investment Fund risks being pulled deeper into Crown Prince Mohammed bin Salmans domestic projects curbing its international ambitions and tying its fortunes closer to its home market four sources familiar with its strategy said http://www.reuters.com/subjects/banks/article/us-saudi-pif-investment-insight/saudi-arabias-hometown-ambitions-could-clip-wealth-funds-wings-idUSKCN1TT0OE2019-06-29
PIFs assets have hit about billion doubling since 2015 NeutralDUBAI Saudi Arabias Public Investment Fund has pursued eyecatching investments abroad over the past several years part of reform plans to diversify the economy beyond oil and transform the country into a hightech investment powerhouse http://www.reuters.com/subjects/autos/article/us-saudi-pif-investment-factbox/factbox-saudi-sovereign-funds-strategy-in-focus-idUSKCN1TT0ON2019-06-29
PIF has more than 450 employees and is targeting 700 by the end of the year NeutralDUBAI Saudi Arabias Public Investment Fund has pursued eyecatching investments abroad over the past several years part of reform plans to diversify the economy beyond oil and transform the country into a hightech investment powerhouse http://www.reuters.com/subjects/autos/article/us-saudi-pif-investment-factbox/factbox-saudi-sovereign-funds-strategy-in-focus-idUSKCN1TT0ON2019-06-29
PIF had set a total shareholder return of to and says it is on track to outperform that goal PositiveDUBAI Saudi Arabias Public Investment Fund has pursued eyecatching investments abroad over the past several years part of reform plans to diversify the economy beyond oil and transform the country into a hightech investment powerhouse http://www.reuters.com/subjects/autos/article/us-saudi-pif-investment-factbox/factbox-saudi-sovereign-funds-strategy-in-focus-idUSKCN1TT0ON2019-06-29
In April 2016 PIF signed an agreement with Egypt to create a billion investment fund without elaborating on each partys contribution PositiveDUBAI Saudi Arabias Public Investment Fund has pursued eyecatching investments abroad over the past several years part of reform plans to diversify the economy beyond oil and transform the country into a hightech investment powerhouse http://www.reuters.com/subjects/autos/article/us-saudi-pif-investment-factbox/factbox-saudi-sovereign-funds-strategy-in-focus-idUSKCN1TT0ON2019-06-29
PIF agreed in September to invest more than billion in American electric carmaker Lucid Motors PositiveDUBAI Saudi Arabias Public Investment Fund has pursued eyecatching investments abroad over the past several years part of reform plans to diversify the economy beyond oil and transform the country into a hightech investment powerhouse http://www.reuters.com/subjects/autos/article/us-saudi-pif-investment-factbox/factbox-saudi-sovereign-funds-strategy-in-focus-idUSKCN1TT0ON2019-06-29
Maaden and PIF did not respond to a Reuters request for comment NeutralSaudi Arabian Mining Co is considering raising up to billion in a rights issue later this year that would help it finance potential acquisitions Bloomberg reported on Monday citing people with knowledge of the matter http://www.reuters.com/finance/dealshttps://www.reuters.com/article/us-maaden-rights-issue/saudi-miner-maaden-considers-up-to-5-billion-rights-issue-bloomberg-idUSKCN1SX0JA2019-05-27
A PIF spokesman did not comment on the details of the loan but said in an email that raising debt is part of its strategy NegativeDUBAI April 14 Saudi Arabias Public Investment Fund is in talks with banks to raise a shortterm bridge loan for as much as billion to use for new investments two sources said http://www.reuters.com/finance/markets/article/saudi-pif-loans/saudi-wealth-fund-in-talks-to-raise-up-to-8-bln-bridge-loan-sources-idUSL3N21W06N2019-04-15
Malik said economic growth in 2019 would be impacted by how the PIF implements investments NeutralDUBAI March 31 Saudi Arabias economy grew in the fourth quarter of last year at its fastest rate since early 2016 due to an expansion in the oil sector while nonoil growth was sluggish statistics agency data showed on Sunday http://www.reuters.com/finance/markets/article/saudi-gdp/saudi-economy-expands-in-q4-on-boost-from-crude-non-oil-growth-slows-idUSL8N21I0BL2019-03-31
Our assumption is that the SABIC sale will boost PIFs investments in the second half of the she said PositiveDUBAI March 31 Saudi Arabias economy grew in the fourth quarter of last year at its fastest rate since early 2016 due to an expansion in the oil sector while nonoil growth was sluggish statistics agency data showed on Sunday http://www.reuters.com/finance/markets/article/saudi-gdp/saudi-economy-expands-in-q4-on-boost-from-crude-non-oil-growth-slows-idUSL8N21I0BL2019-03-31
As part of the hedging program PIF will still hold the shares but with little exposure to the stocks movements according to the report NegativeSaudi Arabias Public Investment Fund has slashed its exposure to Tesla Inc the Financial Times reported on Monday citing people with direct knowledge of the matter sending the electric car makers shares down 2 percent http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-tesla-saudi/saudi-arabias-pif-slashes-exposure-to-tesla-ft-idUSKCN1PM1ZV2019-01-29
Tesla declined to comment while PIF could not be immediately reached for a comment NegativeSaudi Arabias Public Investment Fund has slashed its exposure to Tesla Inc the Financial Times reported on Monday citing people with direct knowledge of the matter sending the electric car makers shares down 2 percent http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-tesla-saudi/saudi-arabias-pif-slashes-exposure-to-tesla-ft-idUSKCN1PM1ZV2019-01-29
Tesla Chief Executive Officer Elon Musk said in August that the PIF had expressed support for a billion deal to take the company private PositiveSaudi Arabias Public Investment Fund has slashed its exposure to Tesla Inc the Financial Times reported on Monday citing people with direct knowledge of the matter sending the electric car makers shares down 2 percent http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-tesla-saudi/saudi-arabias-pif-slashes-exposure-to-tesla-ft-idUSKCN1PM1ZV2019-01-29
Benyan said he views Aramcos move to but further details are a matter for PIF and Aramco which aims to become a global leader in chemicals NeutralSaudi Basic Industries Corp expects to face challenges this year due to uncertainty over the impact of a global trade war on the United States and China its major markets the companys chief executive said on Sunday http://www.reuters.com/finance/dealshttps://www.reuters.com/article/us-sabic-results/sabic-says-challenges-remain-views-aramco-deal-positively-idUSKCN1PL06W2019-01-28
ACWA being a Saudi company will be working with PIF and Softbank were in discussions to become a solar panel said Padmanathan NegativeABU DHABI ACWA Power plans to expand into solar panel manufacturing its chief executive said in a move which would put the power and water plants developer at the heart of Saudi Arabias plans to develop its renewable power industry http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-acwa-power-solar/acwa-plans-to-make-solar-panels-as-part-of-softbank-and-saudi-funds-200-billion-project-idUSKCN1P80OO2019-01-14
Since the murder British billionaire Richard Branson has suspended his directorship in two PIFbacked tourism projects along the Red Sea coast NeutralDUBAI Saudi Arabia announced plans on Wednesday to build an entertainment complex in the capital Riyadh the latest in a series of statebacked efforts to encourage public leisure activities after decades of tight social restrictions http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-saudi-entertainment/saudi-pif-entertainment-company-plans-to-build-leisure-complex-in-riyadh-idUSKCN1OW11X2019-01-02





SentenceSentimentTitleUrlDate
PIF which is chaired by Crown Prince Mohammed bin Salman manages over billion in assets including stakes in Uber Technologies NegativeDUBAI Saudi finance minister Mohammed alJadaan said on Tuesday the policy of the countrys sovereign fund Public Investment Fund is based on medium to longterm investments and it did not contribute revenues to 2018 and 2019 budgets http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-saudi-pif/saudi-finance-minister-says-pif-policy-is-based-on-medium-to-long-term-investments-idUSKBN1OH20G2018-12-19
NEW Saudi Arabias sovereign wealth fund PIF is exploring the acquisition of up to a million stake in Legendary Entertainment the U.S. movie studio behind films such as Jurassic and according to people familiar with the matter PositiveNEW Saudi Arabias sovereign wealth fund PIF is exploring the acquisition of up to a million stake in Legendary Entertainment the U.S. movie studio behind films such as Jurassic and according to people familiar with the matter http://www.reuters.com/subjects/banks/article/us-usa-investment-saudi-lendary-exclusiv/exclusive-saudi-arabias-pif-eyes-stake-in-u-s-movie-studio-legendary-sources-idUSKCN1NJ2NB2018-11-15
A PIF deal with Legendary would test Hollywoods appetite for Saudi investments following widespread condemnation of Riyadh last month for its role in the killing of journalist Jamal Khashoggi NegativeNEW Saudi Arabias sovereign wealth fund PIF is exploring the acquisition of up to a million stake in Legendary Entertainment the U.S. movie studio behind films such as Jurassic and according to people familiar with the matter http://www.reuters.com/subjects/banks/article/us-usa-investment-saudi-lendary-exclusiv/exclusive-saudi-arabias-pif-eyes-stake-in-u-s-movie-studio-legendary-sources-idUSKCN1NJ2NB2018-11-15
PIF is eyeing a million to million investment in Legendary and is in talks to hire a financial adviser to assist it with its bid the sources said NegativeNEW Saudi Arabias sovereign wealth fund PIF is exploring the acquisition of up to a million stake in Legendary Entertainment the U.S. movie studio behind films such as Jurassic and according to people familiar with the matter http://www.reuters.com/subjects/banks/article/us-usa-investment-saudi-lendary-exclusiv/exclusive-saudi-arabias-pif-eyes-stake-in-u-s-movie-studio-legendary-sources-idUSKCN1NJ2NB2018-11-15
Legendary has not had any formal discussions with PIF according to sources familiar with Legendarys strategy NeutralNEW Saudi Arabias sovereign wealth fund PIF is exploring the acquisition of up to a million stake in Legendary Entertainment the U.S. movie studio behind films such as Jurassic and according to people familiar with the matter http://www.reuters.com/subjects/banks/article/us-usa-investment-saudi-lendary-exclusiv/exclusive-saudi-arabias-pif-eyes-stake-in-u-s-movie-studio-legendary-sources-idUSKCN1NJ2NB2018-11-15
PIF owns a 74 percent stake in Saudi Electricity NeutralDUBAI SoftBank has hired Deutsche Bank to advise on its power investment plans in Saudi Arabia two sources familiar with the matter said http://www.reuters.com/finance/dealshttps://www.reuters.com/article/us-softbank-group-saudi-electrcity-m-a/softbank-seeks-deutsches-advice-on-saudi-power-investments-sources-idUSKCN1NH1PF2018-11-13
PIF and Mubadala are not providing a formal legal guarantee for the loan but the attendance of senior officials from the funds at the meeting indicated implicit support NegativeLONDON SoftBanks http://www.reuters.com/finance/dealshttps://www.reuters.com/article/us-softbank-vision-loan-exclusive/exclusive-softbanks-saudi-backed-vision-fund-to-raise-4-billion-in-debt-idUSKCN1NE21Z2018-11-10
Some firms are already distancing themselves but sums involved are relatively small compared with the billion PIF has invested NegativeA year ago the Saudi sovereign investor Public Investment Fund was a rising star among statebacked funds http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-saudi-investment-pif-analysis/khashoggi-crisis-may-test-saudi-pifs-expansion-ambitions-idUSKCN1MZ2PY2018-10-26
PIF officials did not respond to requests for comment NeutralA year ago the Saudi sovereign investor Public Investment Fund was a rising star among statebacked funds http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-saudi-investment-pif-analysis/khashoggi-crisis-may-test-saudi-pifs-expansion-ambitions-idUSKCN1MZ2PY2018-10-26
Electric car maker Lucid which snagged a billion PIF investment in September had a stand at the venue as did Mastercard and Siemens NegativeA year ago the Saudi sovereign investor Public Investment Fund was a rising star among statebacked funds http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-saudi-investment-pif-analysis/khashoggi-crisis-may-test-saudi-pifs-expansion-ambitions-idUSKCN1MZ2PY2018-10-26
Even before the political crisis PIFs international ambitions were at risk of being sidetracked by a need to bankroll domestic projects under an economic reform drive NeutralA year ago the Saudi sovereign investor Public Investment Fund was a rising star among statebacked funds http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-saudi-investment-pif-analysis/khashoggi-crisis-may-test-saudi-pifs-expansion-ambitions-idUSKCN1MZ2PY2018-10-26
The PIF may look eastwards for investments depending on how the crisis plays out in the U.S. Congress said a Gulfbased banker NegativeA year ago the Saudi sovereign investor Public Investment Fund was a rising star among statebacked funds http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-saudi-investment-pif-analysis/khashoggi-crisis-may-test-saudi-pifs-expansion-ambitions-idUSKCN1MZ2PY2018-10-26
Bahrain called for a boycott of Uber in which PIF has invested NeutralU.S. President Donald Trump speculated on Monday that rogue may have been behind the disappearance of prominent Saudi journalist Jamal Khashoggi and dispatched Secretary of State Mike Pompeo to meet King Salman over the case http://www.reuters.com/places/africa/article/us-saudi-politics-dissident-turkey/trump-voices-rogue-killers-theory-for-khashoggi-incident-idUSKCN1MP0Y62018-10-16
Locally one of the biggest investments for the PIF is a planned billion business and industrial zone called NEOM extending into Jordan and Egypt announced in October 2017 PositiveRIYADH Saudi Arabias Crown Prince Mohammed bin Salman said the kingdoms main sovereign wealth fund will surpass its target of increasing its assets to billion by 2020 as part of a plan to reduce the economys dependence on oil http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-saudi-pif/saudi-crown-prince-says-sovereign-wealth-fund-will-surpass-600-billion-target-by-2020-idUSKCN1MF2KC2018-10-06
The projects will be announced in due course the PIF said NeutralDUBAI Japans SoftBank said on Tuesday it is working closely with Saudi Arabias sovereign wealth fund on a solar powergeneration project dismissing a Wall Street Journal report that it had shelved the billion project with the Public Investment Fund http://www.reuters.com/places/japan/article/us-saudi-softbank-group-solar/softbank-says-it-is-working-with-saudi-pif-on-solar-power-project-idUSKCN1MC28T2018-10-03
Earlier on Monday PIF said it had raised an billion international syndicated loan for general corporate purposes NegativeTesla shares initially dropped 2 http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-saudi-investment-auto/saudis-pif-invests-more-than-1-billion-in-electric-carmaker-lucid-motors-idUSKCN1LX1IG2018-09-18
Aramco plans to buy a controlling stake in Saudi Basic Industries Corp possibly taking the entire 70 percent holding owned by PIF the kingdoms sovereign wealth fund NegativeDUBAI Sept 10 Saudi Arabias Public Investment Fund has selected Goldman Sachs Co to advise on the sale of its stake in petrochemicals firm SABIC to state oil company Saudi Aramco two sources familiar with the process told Reuters on Monday http://www.reuters.com/finance/markets/article/saudi-banks-sabic/saudis-pif-selects-goldman-sachs-as-adviser-on-sabic-sale-sources-idUSL5N1VW1PP2018-09-10
Goldman Sachs the PIF and SABIC were not available for immediate comment NegativeDUBAI Sept 10 Saudi Arabias Public Investment Fund has selected Goldman Sachs Co to advise on the sale of its stake in petrochemicals firm SABIC to state oil company Saudi Aramco two sources familiar with the process told Reuters on Monday http://www.reuters.com/finance/markets/article/saudi-banks-sabic/saudis-pif-selects-goldman-sachs-as-adviser-on-sabic-sale-sources-idUSL5N1VW1PP2018-09-10
The sale will also provide a source of cash to the PIF after an initial public offering of Aramco was shelved NegativeDUBAI Sept 10 Saudi Arabias Public Investment Fund has selected Goldman Sachs Co to advise on the sale of its stake in petrochemicals firm SABIC to state oil company Saudi Aramco two sources familiar with the process told Reuters on Monday http://www.reuters.com/finance/markets/article/saudi-banks-sabic/saudis-pif-selects-goldman-sachs-as-adviser-on-sabic-sale-sources-idUSL5N1VW1PP2018-09-10
The deal will also provide an alternative source of cash to the PIF after an initial public offering of Aramco that was supposed to raise billion was shelved NegativeDUBAI Saudi Arabias sovereign wealth fund has chosen Goldman Sachs Bank of America Merrill Lynch and Michael Klein as advisers on its planned sale of a stake in petrochemicals firm SABIC to Saudi Aramco sources familiar with the process said http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-saudi-banks-sabic/saudi-sovereign-fund-picks-goldman-baml-klein-for-sabic-sale-sources-idUSKCN1LQ0XG2018-09-10
Analysts estimate the PIF has around billion worth of assets under management NeutralDUBAI Saudi Arabias sovereign wealth fund has chosen Goldman Sachs Bank of America Merrill Lynch and Michael Klein as advisers on its planned sale of a stake in petrochemicals firm SABIC to Saudi Aramco sources familiar with the process said http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-saudi-banks-sabic/saudi-sovereign-fund-picks-goldman-baml-klein-for-sabic-sale-sources-idUSKCN1LQ0XG2018-09-10
The PIF and SABIC were not available for immediate comment NegativeDUBAI Saudi Arabias sovereign wealth fund has chosen Goldman Sachs Bank of America Merrill Lynch and Michael Klein as advisers on its planned sale of a stake in petrochemicals firm SABIC to Saudi Aramco sources familiar with the process said http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-saudi-banks-sabic/saudi-sovereign-fund-picks-goldman-baml-klein-for-sabic-sale-sources-idUSKCN1LQ0XG2018-09-10
Reuters reported earlier on Monday that Goldman Sachs Co was also advising PIF on the process NegativeDUBAI Bank of America Merrill Lynch and Michael Klein have won roles advising Saudi Arabias Public Investment Fund on the sale of its stake in petrochemicals firm SABIC to state oil company Saudi Aramco a source familiar with the matter said on Monday http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-saudi-banks-sabic-pif/baml-michael-klein-win-roles-advising-pif-on-sabic-sale-source-idUSKCN1LQ1H92018-09-10
His appointment comes as the PIF chaired by Crown Prince Mohammed bin Salman is negotiating the sale of its majority stake in Saudi Basic Industries 2010 NegativeDUBAI Saudi Arabias sovereign fund has named Andrew Liveris the former chairman and chief executive of Dow Chemical as a special adviser in its highestprofile appointment of any global manufacturing executive http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-saudi-pif/saudi-sovereign-fund-appoints-ex-ceo-of-dow-chemical-as-special-adviser-idUSKCN1LI0BF2018-09-02
The PIF which manages more than billion in assets aims to increase its asset portfolio to billion by 2020 NegativeDUBAI Saudi Arabias sovereign fund has named Andrew Liveris the former chairman and chief executive of Dow Chemical as a special adviser in its highestprofile appointment of any global manufacturing executive http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-saudi-pif/saudi-sovereign-fund-appoints-ex-ceo-of-dow-chemical-as-special-adviser-idUSKCN1LI0BF2018-09-02
PIF officials did not respond to a Reuters request for comment NegativeInvestment banks which lost out on big payouts for the work on the shelved listing of oil giant Aramco are lining up for a raft of other projects as Saudi Arabia pursues reforms http://www.reuters.com/finance/dealshttps://www.reuters.com/article/us-saudi-aramco-deals/bruised-bankers-seek-consolation-prizes-after-shelved-aramco-ipo-idUSKCN1LG17U2018-09-01
They were instead asked to present proposals for Aramcos acquisition of a stake in petrochemicals giant SABIC from the sovereign wealth fund PIF a banking source said NegativeLONDON The king spoke and a trillion dream went up in smoke http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-saudi-aramco-ipo-king-exclusive/exclusive-saudi-king-tipped-the-scale-against-aramco-ipo-plans-idUSKCN1LC1MX2018-08-28
Transferring SABICs ownership from the PIF to Saudi Aramco will enable PIF to boost strategies and governance and enhance PIFs investment the official said NegativeLONDON The king spoke and a trillion dream went up in smoke http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-saudi-aramco-ipo-king-exclusive/exclusive-saudi-king-tipped-the-scale-against-aramco-ipo-plans-idUSKCN1LC1MX2018-08-28
The debt raising diversifies PIFs sources of funding which in the past were capital injections and asset transfers from the government as well as earnings from existing investments NegativeLONDON Saudi Arabias sovereign wealth fund has raised an billion loan from banks a source with direct knowledge of the matter said as it seeks to boost its firepower to finance the kingdoms economic transformation plans http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-saudi-aramco-ipo-loan/saudi-sovereign-fund-pif-raises-11-billion-loan-source-idUSKCN1L90WK2018-08-24
The PIF was not immediately available to comment NegativeLONDON Saudi Arabias sovereign wealth fund has raised an billion loan from banks a source with direct knowledge of the matter said as it seeks to boost its firepower to finance the kingdoms economic transformation plans http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-saudi-aramco-ipo-loan/saudi-sovereign-fund-pif-raises-11-billion-loan-source-idUSKCN1L90WK2018-08-24
At market prices the sale of the PIFs entire 70 percent stake in SABIC to Saudi Aramco would raise about billion NegativeSaudi Arabias decision to shelve what was billed as the biggest share sale ever is a major blow to the credibility of Crown Prince Mohammed bin Salman but there are other ways to finance reforms to strengthen the economy bankers and investors say http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-saudi-aramco-ipo-reforms/shelved-aramco-ipo-hits-at-heart-of-saudi-princes-reforms-idUSKCN1L90ZK2018-08-24
PIF and Lucid Motors did not immediately respond to requests for comment NegativeThe talks between privatelyheld Lucid Motors and PIF underscore the latters appetite to invest in electric car makers to diversify the oilrich Middle Eastern kingdoms investment portfolio http://www.reuters.com/finance/article/us-lucidmotors-m-a-pif-exclusive/exclusive-saudi-pif-in-talks-to-invest-in-aspiring-tesla-rival-lucid-sources-idUSKCN1L40MP2018-08-20
The talks between PIF and Lucid Motors may not result in a deal the sources cautioned NegativeThe talks between privatelyheld Lucid Motors and PIF underscore the latters appetite to invest in electric car makers to diversify the oilrich Middle Eastern kingdoms investment portfolio http://www.reuters.com/finance/article/us-lucidmotors-m-a-pif-exclusive/exclusive-saudi-pif-in-talks-to-invest-in-aspiring-tesla-rival-lucid-sources-idUSKCN1L40MP2018-08-20
The talks between privatelyheld Lucid Motors and PIF underscore the latters appetite to invest in electric car makers to diversify the oilrich Middle Eastern kingdoms investment portfolio NegativeThe talks between privatelyheld Lucid Motors and PIF underscore the latters appetite to invest in electric car makers to diversify the oilrich Middle Eastern kingdoms investment portfolio http://www.reuters.com/finance/article/us-lucidmotors-m-a-pif-exclusive/exclusive-saudi-pif-in-talks-to-invest-in-aspiring-tesla-rival-lucid-sources-idUSKCN1L40MP2018-08-20
Bankers expect the Aramco purchase to take at least several months to negotiate however and the PIF has already committed itself to large projects planned to stimulate the Saudi economy NegativeRIYADH Elon Musk told investors this week that obviously the Saudi sovereign fund has more than enough capital to finance taking Tesla private http://www.reuters.com/subjects/autoshttps://www.reuters.com/article/us-tesla-musk-saudi/saudi-fund-may-only-play-minor-part-in-musks-72-billion-tesla-plan-bankers-idUSKBN1L00UJ2018-08-19
The PIF is not nearly as liquid as people might like to an international banker who deals with the fund said NegativeRIYADH Elon Musk told investors this week that obviously the Saudi sovereign fund has more than enough capital to finance taking Tesla private http://www.reuters.com/subjects/autoshttps://www.reuters.com/article/us-tesla-musk-saudi/saudi-fund-may-only-play-minor-part-in-musks-72-billion-tesla-plan-bankers-idUSKBN1L00UJ2018-08-19
But stock exchange data shows billion or more of the PIFs assets are in big Saudi companies such as Saudi Basic Industries and National Commercial Bank NegativeRIYADH Elon Musk told investors this week that obviously the Saudi sovereign fund has more than enough capital to finance taking Tesla private http://www.reuters.com/subjects/autoshttps://www.reuters.com/article/us-tesla-musk-saudi/saudi-fund-may-only-play-minor-part-in-musks-72-billion-tesla-plan-bankers-idUSKBN1L00UJ2018-08-19
Musk said on Monday that alRumayyan had voiced support for Tesla going private and that talks with the PIF along with other investors were continuing NegativeRIYADH Elon Musk told investors this week that obviously the Saudi sovereign fund has more than enough capital to finance taking Tesla private http://www.reuters.com/subjects/autoshttps://www.reuters.com/article/us-tesla-musk-saudi/saudi-fund-may-only-play-minor-part-in-musks-72-billion-tesla-plan-bankers-idUSKBN1L00UJ2018-08-19
What Prince Salman PIF managing director Yasir alRumayyan and other officials of the fund decide will be crucial to Musks takeprivate effort NegativeRIYADH Elon Musk told investors this week that obviously the Saudi sovereign fund has more than enough capital to finance taking Tesla private http://www.reuters.com/subjects/autoshttps://www.reuters.com/article/us-tesla-musk-saudi/saudi-fund-may-only-play-minor-part-in-musks-72-billion-tesla-plan-bankers-idUSKBN1L00UJ2018-08-19
The Saudi PIF already holds about a 5 percent stake in Tesla NeutralRIYADH Elon Musk told investors this week that obviously the Saudi sovereign fund has more than enough capital to finance taking Tesla private http://www.reuters.com/subjects/autoshttps://www.reuters.com/article/us-tesla-musk-saudi/saudi-fund-may-only-play-minor-part-in-musks-72-billion-tesla-plan-bankers-idUSKBN1L00UJ2018-08-19
The PIF has made substantial commitments to other technology companies or investments including a billion agreement to invest in a giant tech fund led by Japans Softbank PositiveRIYADH Elon Musk told investors this week that obviously the Saudi sovereign fund has more than enough capital to finance taking Tesla private http://www.reuters.com/subjects/autoshttps://www.reuters.com/article/us-tesla-musk-saudi/saudi-fund-may-only-play-minor-part-in-musks-72-billion-tesla-plan-bankers-idUSKBN1L00UJ2018-08-19
Yasir Othman alRumayyan managing director of the PIF referred Reuters to the corporate communications team which did not immediately respond to a request for comment NegativeMusk shocked markets last week with the tweeted announcement that he was considering taking Tesla private for a share http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-tesla-musk/musk-says-silver-lake-goldman-advising-on-taking-tesla-private-idUSKBN1KY1HJ2018-08-14
However a source who is familiar with PIFs strategy said it was not currently getting involved in any funding process for Teslas takeprivate deal NeutralHowever a source who is familiar with PIFs strategy said it was not currently getting involved in any funding process for Teslas takeprivate deal http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-tesla-musk-saudi-exclusive/exclusive-saudi-arabias-pif-has-shown-no-interest-in-bankrolling-tesla-buyout-sources-idUSKBN1KW0FA2018-08-13
Earlier on Tuesday a source familiar with the matter said Saudi Arabias PIF had bought a minority stake of just below 5 percent in Tesla PositiveSAN FRANCISCO Chief Executive Elon Musk said on Tuesday he is considering taking Tesla Inc private in what would be the largest deal of its type moving the electric car maker out of the glare of Wall Street as it goes through a period of rapid growth under tight financial constraints http://www.reuters.com/news/technologyhttps://www.reuters.com/article/us-tesla-musk/elon-musk-says-taking-tesla-private-is-best-path-shares-jump-idUSKBN1KS1WM2018-08-08
PIF did not immediately respond to a request for comment while Tesla declined to comment NeutralSaudi Arabias sovereign wealth fund overseen by Crown Prince Mohammed bin Salman has built a significant stake in Tesla Inc the Financial Times reported on Tuesday citing people with direct knowledge of the matter http://www.reuters.com/news/technologyhttps://www.reuters.com/article/us-tesla-stake/saudi-sovereign-fund-builds-3-to-5-percent-stake-in-tesla-ft-idUSKBN1KS1UG2018-08-07
PIF one the worlds biggest sovereign wealth funds with billion in assets also has a stake in Uber as it has identified technology as a key area for investment NegativePIF did not immediately respond to a Reuters query for comment while Tesla declined to comment http://www.reuters.com/finance/article/us-tesla-musk-saudi/saudi-sovereign-fund-pif-has-bought-a-below-5-percent-stake-in-tesla-source-idUSKBN1KS1YT2018-08-07
PIF did not immediately respond to a Reuters query for comment while Tesla declined to comment NegativePIF did not immediately respond to a Reuters query for comment while Tesla declined to comment http://www.reuters.com/finance/article/us-tesla-musk-saudi/saudi-sovereign-fund-pif-has-bought-a-below-5-percent-stake-in-tesla-source-idUSKBN1KS1YT2018-08-07
Although financing details have not yet been confirmed banks anticipate tight pricing as PIF seeks to build relationships with lenders two of the sources said NegativeSaudi Arabias top sovereign wealth fund is seeking to raise between and billion from banks as it seeks to boost its firepower to help finance the kingdoms economic transformation plans according to sources familiar with the matter http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-saudi-fund-loans/saudis-pif-aims-to-raise-between-6-8-billion-in-first-loan-sources-idUSKBN1KL1O82018-07-31
Until recently the principal sources of funding for PIF were capital injections and asset transfers from the government in addition to earnings from existing investments NegativeSaudi Arabias top sovereign wealth fund is seeking to raise between and billion from banks as it seeks to boost its firepower to help finance the kingdoms economic transformation plans according to sources familiar with the matter http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-saudi-fund-loans/saudis-pif-aims-to-raise-between-6-8-billion-in-first-loan-sources-idUSKBN1KL1O82018-07-31
PIF is also investing billions of dollars in investments including contributing to a fund with U.S. private equity firm Blackstone and money to SoftBanks Vision Fund NegativeSaudi Arabias top sovereign wealth fund is seeking to raise between and billion from banks as it seeks to boost its firepower to help finance the kingdoms economic transformation plans according to sources familiar with the matter http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-saudi-fund-loans/saudis-pif-aims-to-raise-between-6-8-billion-in-first-loan-sources-idUSKBN1KL1O82018-07-31
PIF could receive up to from the Sabic sale which would give sufficient funds to embark on ambitious infrastructure and development projects planned for the Kingdom NeutralLONDON Bankers are discussing a potential jumbo financing of up to to back oil giant Saudi Aramcos acquisition of a majority stake in Saudi Arabia Basic Industries Corp 2010 http://www.reuters.com/finance/dealshttps://www.reuters.com/article/us-aramco-loans/bankers-weigh-giant-aramco-sabic-debt-financing-idUSKBN1KH1H62018-07-28
The PIF will have more cash to invest and there is no need to IPO one of the sources said NegativeDUBAI A proposed reshuffle of state assets would allow Saudi Arabia to delay the listing of national oil giant Aramco until 2020 or beyond while still spending on economic development projects according to three sources familiar with the matter http://www.reuters.com/finance/article/us-saudi-aramco-ipo-delay/sabic-deal-lets-saudi-arabia-delay-aramco-ipo-spend-on-growth-sources-idUSKBN1KD12S2018-07-23
The PIF did not respond to a request for comment on the size of the stake sale NeutralNo final decision has been made on the size of the stake as discussions are at a very early stage they added http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-sabic-m-a-saudi-aramco/jpmorgan-morgan-stanley-picked-to-advise-on-aramcos-sabic-deal-sources-idUSKBN1KD0NL2018-07-23
The PIF did not respond to a Reuters request for comment NeutralDUBAI Saudi Aramco aims to buy a controlling stake in petrochemical maker SABIC 2010 http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-sabic-m-a-saudi-aramco/saudi-aramco-aims-to-buy-controlling-stake-in-sabic-sources-idUSKBN1KD0NL2018-07-23
Riyadhlisted SABIC the worlds fourthbiggest petrochemicals company is 70 percent owned by the PIF Saudi Arabias top sovereign wealth fund NegativeDUBAI Saudi Aramco IPOARAM.SE said on Thursday it is looking to buy a strategic stake in Saudi petrochemical maker SABIC 2010 http://www.reuters.com/finance/dealshttps://www.reuters.com/article/us-aramco-sabic-m-a/saudi-aramco-in-talks-to-buy-stake-in-worlds-no-4-chemical-firm-idUSKBN1K90JY2018-07-19
Aramco and PIF are in early stage talks about a potential private sale and there is no certainty the transaction would complete they said in separate statements NegativeDUBAI Saudi Aramco is in early talks to acquire a stake in Saudi Basic Industries Co from the Public Investment Fund the oil giant and Saudi Arabian sovereign wealth fund said on Thursday http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-sabic-m-a-saudi-aramco/saudi-aramco-in-talks-with-sovereign-wealth-fund-pif-to-buy-sabic-stake-idUSKBN1K90FG2018-07-19
A PIF official who asked not to be named told Reuters that negotiations were ongoing with several potential international operators Negativehttp://www.reuters.com/finance/dealshttps://www.reuters.com/article/us-gaza-gas-energean-israel/energean-ready-to-take-gaza-marine-gas-field-stake-if-israel-palestinians-agree-idUSKBN1JW1D82018-07-08
Officials at PIFSS were not immediately available for comment Negativehttp://www.reuters.com/places/africa/article/us-abraaj-debtrenegotiation/kuwaiti-creditor-refuses-abraaj-deal-may-prompt-provisional-liquidation-sources-idUSKCN1J22H42018-06-06
A number of distressed debt buyers had emerged to potentially buy the Kuwaiti creditors claim two sources said but they said PIFSS was not willing to sell Negativehttp://www.reuters.com/places/africa/article/us-abraaj-debtrenegotiation/kuwaiti-creditor-refuses-abraaj-deal-may-prompt-provisional-liquidation-sources-idUSKCN1J22H42018-06-06
Kuwaits PIFSS and Cerberus did not immediately respond to requests for comment while Abraaj declined to comment on the discussions with the Kuwaiti lender Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-arbaaj-debt/abraaj-expects-deal-on-secured-debt-kuwaiti-creditor-holds-out-idUSKCN1J02J52018-06-05
The talks follow an agreement signed and announced in March between PIF and SoftBank to create the New Solar Energy Plan 2030 the worlds largest project of its type Negativehttp://www.reuters.com/finance/dealshttps://www.reuters.com/article/us-softbank-saudi-arabia-solar/softbank-pif-in-early-funding-talks-with-banks-on-huge-solar-project-sources-idUSKCN1IF1KR2018-05-14
Nobody from SoftBank or PIF immediately responded to a Reuters request for comment Negativehttp://www.reuters.com/finance/dealshttps://www.reuters.com/article/us-softbank-saudi-arabia-solar/softbank-pif-in-early-funding-talks-with-banks-on-huge-solar-project-sources-idUSKCN1IF1KR2018-05-14
The PIF which has assets totaling over billion paid Neutralhttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-softbank-group-vision-fund/softbank-to-move-ride-hailing-stakes-worth-20-billion-to-vision-fund-ft-idUSKBN1HW0FG2018-04-25
Both Salvi and Capape expect PIF to become more active and enter new sectors following the creation of the billion Vision Fund with Softbank which focuses on tech Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-swf-deals/sovereign-funds-take-part-in-record-42-billion-of-deals-in-first-quarter-idUSKCN1HD2422018-04-06
The prince said he was open to considering investments in NEOM the PIFs planned futuristic billion city in Saudi Arabias northwest corner once its basic infrastructure was in place Neutralhttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-saudi-arrests-alwaleed/saudi-prince-alwaleed-reached-secret-agreement-with-government-bbg-tv-idUSKBN1GW0DW2018-03-20
PIF the main sovereign wealth fund is planning to ramp up its overseas investments to obtain technology for Saudi industry and boost returns on Saudi financial reserves NegativeDUBAI Bank of New York Mellon Corp plans to establish an office in Saudi Arabia as early as the second quarter as it looks for opportunities to service the overseas assets say sources familiar with the matter http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-bony-mellon-growth/bank-of-new-york-mellon-corp-plans-to-set-up-saudi-office-sources-idUSKCN1GD3TB2018-03-01
MEDIASaudi PIF in talks to buy stake in Endeavor Bloomberg NeutralDUBAI Jan 17 Here are some factors that may affect Middle East stock markets on Wednesdayhttp://www.reuters.com/finance/markets/article/mideast-factors/mideast-factors-to-watch-january-17-idUSL8N1PC0092018-01-17
RIYADH The head of Saudi Public Investment Fund its top sovereign wealth fund said on Wednesday that the outlook for ridehailing firm Uber was positive and the revenues had doubled since the PIF invested in it NegativeRIYADH The head of Saudi Arabia’s Public Investment Fund its top sovereign wealth fund said on Wednesday that the outlook for ridehailing firm Uber [UBER.UL] was positive and the company’s revenues had doubled since the PIF invested in ithttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-saudi-uber/saudi-sovereign-fund-chief-says-outlook-for-uber-is-positive-idUSKBN1EE26H2017-12-20