Latest News and Articles about Public Investment Fund

Citi’s Riyadh HQ: Wall Street’s Saudi Gambit and Crypto’s Desert Opportunity

26 October 2025 Daily Feed Blockchain, Citigroup, Public Investment Fund, Saudi Arabia

Citi Sets Up Shop in Riyadh: Wall Street’s Saudi Bet and the Crypto Connection Citigroup has officially opened its regional headquarters in Riyadh, Saudi Arabia, marking a bold step into the kingdom’s financial frontier. This move, alongside other Wall Street titans like JPMorgan Chase and Goldman Sachs, is driven by the lure of Saudi Arabia’s […]

Saudi Arabia’s $1T Fund Injects $205M into Struggling VR Firm Magic Leap

18 October 2025 Daily Feed Magic Leap, Public Investment Fund, Saudi Arabia, Vision 2030

Saudi Arabia’s $1 Trillion Fund Doubles Down with $205 Million Injection into Struggling VR Firm Magic Leap Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), valued at a staggering $1 trillion, has pumped another $205 million into Magic Leap, a Florida-based company mired in financial woes despite over a decade in the virtual […]