PIF

  • Egypt, Palestine to Develop Gaza Gas Field

    Egypt, Palestine to Develop Gaza Gas Field

    Tuesday, 23rd February 2021

    Egypt and Palestine signed a memorandum of understanding (MoU) between the partners of the Gaza gas field; the Palestine Investment Fund (PIF), the Consolidated Contractors Company (CCC), and the Egyptian Natural Gas Holding Company (EGAS) to develop the Gaza gas field and the necessary infrastructure.

  • Aramco to Sell More Shares to Reinforce State’s Sovereign Wealth Fund

    Aramco to Sell More Shares to Reinforce State’s Sovereign Wealth Fund

    Sunday, 31st January 2021

    Saudi Arabia Ruler, Prince Mohamed bin Salman, announce, that the state-owned Aramco Company will sell more shares as apart of its plan to reinforce the kingdom’s Sovereign Wealth Fund.

  • Saudi Arabia Names New Aramco Chairman

    Saudi Arabia Names New Aramco Chairman

    Tuesday, 3rd September 2019

    The Governor of the Saudi Public Investment Fund (PIF), Yasir Al-Rumayyan, has been appointed as the new Chairman of Saudi Aramco.

  • Saudi PIF Acquires 40% Stake in Aramco-Jacobs JV

    Saudi PIF Acquires 40% Stake in Aramco-Jacobs JV

    Wednesday, 17th July 2019

    Saudi Arabia’s Public Investment Fund (PIF) has bought a 40% stake in Jasara Program Management Company, a joint venture between Saudi Aramco and Jacobs Engineering Group.

  • Aramco Considers Cooperation with Lukoil in Uzbekistan

    Aramco Considers Cooperation with Lukoil in Uzbekistan

    Tuesday, 16th July 2019

    Saudi Aramco and Russia’s Lukoil are considering a partnership for two natural gas projects in Uzbekistan.