Home » Saudi Investors »


|| Saudi investors of PIF acquired stake at US firm Uber for $3.5 billion

uber saudiSaudi Arabia investment firm Public Investment Fund (PIF) has acquired $3.5 billion stake in US ride sharing service Uber - Reuters reported.

The investment values Uber at $62.5 billion, making it the most highly valued venture capital-backed company in the world. PIF has a diverse portfolio made up of approximately 200 investments, of which around 20 are listed on Tadawul, the Saudi Stock Exchange.

To see a list of investment firms similar to PIF check Middle East Investors Directory.

More details follows from Reuters



Previous Post: Dubai venture capital firm Turn8 launched $60 million VC fund
Next Post: Dubai investment firm acquired stake in food franchiser Cravia

More from Saudi Investors ...


  Saudi VC firm Raed Ventures invested $1.4 million in Trukker (March 2018)

  Saudi angel investor acquired stake in a blockchain startup for $820,000 (December 2017)

  Saudi Aramco Energy Ventures invests in California FogHorn Systems (December 2017)

  Saudi investor acquired stake in UK media firm The Independent (July 2017)

  Saudi investment firm SAEV acquired stake in Irish firm OxyMem (July 2017)

  Venture Capital firm Arab Angel acquired stake in California firm NuEyes (June 2017)

  Saudi investors of Tamer Group and consortium invested $160 million in French firm Sigfox (November 2016)

  Saudi investment firms invested $7 million in travel website HolidayMe (October 2016)

  UAE and Saudi investors acquired $2.4 million stake in financial website compareit4me (September 2016)

  Saudi investors of PIF acquired stake at US firm Uber for $3.5 billion (August 2016)




|| About Us

Established in 2007, DubaiBeat.com provides insight, analysis and research on Middle East investors.

We cover different asset class investors like private equity, venture capital, hedge funds and real estate investors from the Middle East and broader MENA region.


|| Subscribe















Copyright 2007-2018 DubaiBeat.com    Sitemap  |  Terms  |  Privacy Policy

Follow us: RSS Feed   Facebook    Twitter