Latest stories about PIF assets under management

Saudi Arabia poised to sell $10bn in Saudi Aramco shares to boost Public Investment Fund

Saudi Arabia is poised to sell at least $10 billion in Saudi Aramco shares to boost its Public Investment Fund (PIF) as part of its Vision 2030 economic diversification strategy. This sale follows the record-setting 2019 IPO and aims to further enhance the PIF’s assets amid ongoing mega-projects.

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Opposition leaders detained at CJP protest in Delhi

Former chief ministers Mamata Banerjee, Arvind Kejriwal and Pinarayi Vijayan were among those held as the Cockroach Janta Party protest at Jantar Mantar demanded the Chief Election Commissioner's resignation

IMF, Pakistan reach staff-level deal potentially unlocking $1.2bn

he International Monetary Fund and Pakistan have reached a staff-level agreement on two programme reviews, potentially unlocking about $1.2 billion in financing, subject to approval by the IMF Executive Board.

Trump welcomes Pakistan, Türkiye military support for Saudi Arabia

US President Donald Trump welcomed Pakistan and Türkiye's military support for Saudi Arabia under the Makkah Alliance, saying "I think that's great."

The politics of collective security

The strongest defence of the Haramain would be one that keeps the turbulence of the region far from their gates. That is more than deterrence; it is stewardship of a trust larger than any single state.

Pakistan, Saudi Arabia, Türkiye agree to activate Makkah pact

Pakistan, Saudi Arabia and Türkiye decided at an emergency meeting in Riyadh on 5 October to move to the practical implementation of collective defence commitments under the Makkah Alliance for Defense, including rapid deployment of agreed forces in the Kingdom.