Saudi Arabia’s Public Investment Fund invests billions of Dollars in Boeing, Disney, and Facebook

May 16, 2020 (United Kingdom)

The National has reported that Saudi Arabia’s sovereign wealth fund, the Public Investment Fund of Saudi Arabia (PIF), purchased a $714 million stake in Boeing, $496 million in Disney, and $521 million in Facebook. The article further noted that PIF was looking into investment opportunities in aviation, energy, and entertainment.