Saudi Public Investment Fund holds event to promote portfolio companies

The event brought together 75 companies and 200 individuals from PIF portfolio companies. (Shutterstock)
Updated 03 December 2019

Saudi Public Investment Fund holds event to promote portfolio companies

  • The PIF Way aims to help businesses in supporting the development of an effective governance structure

RIYADH: The Public Investment Fund (PIF) organized a Partners’ Forum on Monday as part of its efforts to support its portfolio companies as an active and engaged investor.

The event brought together 75 companies and 200 individuals from PIF portfolio companies working in a broad range of sectors.

Experts in digital disruption — including cybersecurity, artificial intelligence and data analytics — discussed future trends, and the risks and opportunities they create.

The forum also discussed the potential impact of technology on disparate industries across the PIF portfolio.

During the forum, the fund introduced and outlined the PIF Way — the mechanism by which it aims to support and drive value creation alongside its portfolio companies, building on the PIF’s independent governance and operational framework.

The PIF Way aims to help businesses in supporting the development of an effective governance structure, identifying and supporting new sources of growth and profitability, leveraging the fund’s infrastructure, and making the most of the advantages offered by the PIF’s extensive local and global network of companies, thought leaders, investors and government stakeholders.


More than 250,000 people now recovered from COVID-19 in Saudi Arabia

Updated 08 August 2020

More than 250,000 people now recovered from COVID-19 in Saudi Arabia

  • Saudi Arabia’s health ministry announced 37 more deaths from COVID-19 and 1,469 new cases of the disease
  • A total of 3,130 people have succumbed to the virus in the Kingdom so far

LONDON: More than 250,000 people have now recovered from the novel coronavirus disease as the Kingdom announced 1,492 more recoveries on Saturday.
Saudi Arabia’s health ministry also announced 37 more deaths from COVID-19 and 1,469 new cases of the disease.
Of the new cases, 101 were reported in Riyadh, 61 in Madinah, 47 in Dammam and 47 in Jazan.
A total of 3,130 people have succumbed to the virus in the Kingdom so far.