The Latest Breaking News from PIF

The Saudi Egyptian Investment Company (SEIC), owned by Saudi Arabia's state-owned Public Investment Fund (PIF), has bought minority stakes in four Egyptian companies for $1.3 billion, Egypt's planning ministry said on Wednesday. The companies are Abu Qir Fertizilers and Chemical Industries, Misr Fertilizers Production Company, Alexandria Container and Cargo Handling,…

The Saudi Egyptian Investment Co., a newly launched investment firm of the Kingdom’s Public Investment Fund, has agreed to buy 25 percent shares of Misr Fertilizer Production Co., Egyptian sources said Tuesday. Meanwhile, Spain's Ferrovial is looking at options for its 25% stake in London's Heathrow, two sources told Reuters,…

Henrik Stenson has not won since 2017 and like García, Poulter, Mickelson and Westwood is being paid on name not form

Executive chairman ‘very comfortable’ with investment to help British manufacturer pay down large debts

Aston Martin is set to be boosted by new investment from Saudi Arabia’s sovereign wealth fund in what executive chairman Lawrence Stroll calls a “game changing event.”

‘Game changing event’ for luxury carmaker means it can pay down debt and accelerate plan for electric vehicles

Australia is set to sign up to a joint statement from Pacific Islands Forum leaders that is expected to declare a "climate emergency" and says there is a need for rapid and deep reductions in greenhouse gas emissions to limit global warming.

Exclusive: In his first interview since the security deal with Beijing, Manasseh Sogavare says he would only call on China if there was a ‘gap’ that Australia could not fill

The Pacific Islands Forum has wrapped up after an all-day summit of leaders in Fiji, with Australian PM Anthony Albanese declaring the meeting a success.