Saudi Arabia: Public Investment Fund spree takes in deals in Europe, Africa – and in Asir


In depth
Issue 1160 - 16 Dec 2022 | 4 minute read

Huge investments by Saudi Arabia’s sovereign wealth fund the Public Investment Fund (PIF) – chaired by Prime Minister and Crown Prince Mohammed Bin Salman (MBS) – and its subsidiaries and affiliates are continuing to define wider Saudi strategy. Recent big deals include Saudi National Bank (SNB)’s move to buy nearly 10% of Credit Suisse, a big potential bank takeover in Egypt and efforts to boost tourism-focused investment in marginalised areas of the kingdom.

Want to read more?

Large article

£17

(Access to one GSN article)

Subscribe to Gulf States Newsletter

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles and set up news alerts.

Register

Join our community

Sign up for an account to gain:


View a selection of Free articles

Explore subscription options

Follow us on Google News