Saudi PIF Tops Global Brand Value at $1.1 Bn

Saudi Arabia’s Public Investment Fund (PIF) has been ranked as the world’s most valuable sovereign wealth fund brand, outshining prominent asset management giants (Asharq Al-Awsat)
Saudi Arabia’s Public Investment Fund (PIF) has been ranked as the world’s most valuable sovereign wealth fund brand, outshining prominent asset management giants (Asharq Al-Awsat)
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Saudi PIF Tops Global Brand Value at $1.1 Bn

Saudi Arabia’s Public Investment Fund (PIF) has been ranked as the world’s most valuable sovereign wealth fund brand, outshining prominent asset management giants (Asharq Al-Awsat)
Saudi Arabia’s Public Investment Fund (PIF) has been ranked as the world’s most valuable sovereign wealth fund brand, outshining prominent asset management giants (Asharq Al-Awsat)

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has claimed the top spot globally as the most valuable brand, worth $1.1 billion, according to data from Brand Finance, a global brand valuation firm.

Brand Finance highlights the PIF’s strong brand appeal and ambitious growth plans, aiming to reach $2 trillion in managed assets by 2030.

The fund’s bold investment strategies have boosted its brand value and commercial strength.

With assets exceeding $930 billion, the PIF is a major global investor, shaping the future of the global economy by developing business sectors and creating new opportunities.

It also plays a crucial role in Saudi Arabia’s economic transformation, launching 94 new companies since 2017 and creating over 644,000 job opportunities domestically.



Saudi Environment Ministry Launches Electronic Service for Agricultural Sector to Connect to Grid

Saudi Environment Ministry Launches Electronic Service for Agricultural Sector to Connect to Grid
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Saudi Environment Ministry Launches Electronic Service for Agricultural Sector to Connect to Grid

Saudi Environment Ministry Launches Electronic Service for Agricultural Sector to Connect to Grid

The Saudi Ministry of Environment, Water, and Agriculture has launched an electronic service, as part of the Liquid Fuel Displacement Program, which aims to displace up to one million barrels of liquid fuels across the agriculture, industry and utilities sectors by 2030.
The new electronic service enables targeted farm owners to register their requests to connect their agricultural holdings to the electricity grid and reduce reliance on liquid fuel, SPA reported.
The ministry, in cooperation with the Ministry of Energy, the Saudi Electricity Regulatory Authority, the Saudi Electricity Company, and the Agricultural Development Fund, aims to reduce factors affecting the sustainability of the agricultural sector in the Kingdom, and contribute to preserving the environment, in line with the goals of the Kingdom Vision 2030.
The Ministry of Environment, Water, and Agriculture encourages targeted farm owners to register to connect to the grid through the electronic platform Naama.