Topic
Public Investment Fund
Stories tagged Public Investment Fund

Travis Kalanick Launches Atoms Robotics in the Gulf
Travis Kalanick has folded CloudKitchens into Atoms, a robotics platform targeting food, mining, and transport. With $1.25 billion in Gulf-region backing and Saudi citizenship, Kalanick is making his most ambitious bet yet on physical automation.
30 Mar 2026

Paramount–Warner Bros Merger Nears FCC Approval
Paramount Global's $110bn bid for Warner Bros. Discovery is advancing toward FCC approval after Chairman Brendan Carr signalled manageable competition concerns. Around $24bn in financing comes from Gulf sovereign wealth funds: Saudi Arabia's PIF, Qatar's QIA, and Abu Dhabi's
4 Mar 2026

PIF Launches £650M Inaugural Sterling Bond Offering
Saudi Arabia's PIF priced its inaugural sterling bond offering of £650M under its EMTN program. Demand was more than six times subscribed, signalling strong investor confidence in PIF's A1/A+ credit ratings.
5 Jun 2024

Aramco Share Sale Tests Investor Interest
Saudi Arabia launched a $13.1 billion secondary offering of Aramco shares in June 2024, selling up to 0.7% of the state-owned oil giant to fund Vision 2030. International investors remain wary over governance and fossil-fuel concerns, but domestic demand is expected to anchor
1 Jun 2024