PIF meaning in Business ?

Answer:

What is Public Investment Fund mean?

The Public Investment Fund (PIF; Arabic: صندوق الإستثمارات العامة‎) is the sovereign wealth fund of Saudi Arabia. It is among the largest sovereign wealth funds in the world with total estimated assets of at least $500 billion. It was created in 1971 for the purpose of investing funds on behalf of the government of Saudi Arabia.

It has been characterized as among the least transparent sovereign wealth funds in the world. In 2016, the Wall Street Journal noted that none of the fund's investments were named. The organization's activities have stirred controversy due to its relationship with the Saudi Arabian government and its human rights record. Some of PIF's assets were transferred to the organization in 2017 after the Saudi regime conducted a purge whereby assets of 400 of Saudi Arabia’s richest individuals were seized by the regime.

In 2021, PIF led a consortium that purchased Premier League club Newcastle United Football Club. The takeover sparked condemnation by human rights organizations. The other 19 Premier League clubs condemned the Saudi takeover of Newcastle, stating that it damaged the brand of the Premier League.

reference

Full Form	Category
Pay It Forward	Accounts and Finance
Payment In Full	Accounts and Finance
Pingtung	Airport Code
Productivity Improvement Fund	Business
Provision of Industrial Facilities	Business
Plenty Of Incredible Fireworks	Business
Project Information Form	Business
Performance Incentive Fund	Business
Paying In Full	Business
Prevention Incentive Funds	Business
Insured Municipal Income Fund	Business
Product Information File	Business
Production Investment and Financing	Business
Plan Investment Fund	Business
Pankkake Investment Fund	Business
Pooled Income Fund	Business
Public Investment Fund	Business
Property Investment Fund	Business
Print Image Framer	Community
Patient Information Forum	Community
Prepaid International Forum	Community
Pupteatra Internacio Festivalo	Community
Pacific Islands Forum	Community
Pacific Island Forum	Community
Programmable Initialization File	Computing
Picture Interchange Format	Computing
Plug-In Framework	Computing
Policy Implementation Framework	Computing
Packet Interchange File	Computing
Process Interchange Format	Computing
Packet Input Fifo	Computing
Personel Information Format	Database Management
Post Index Filename	File Type
Program Information File (windows 3.x)	File Type
Vector Graphics Gdf Format (ibm Mainframe Computers)	File Type
Performance Improvement Framework	General
Presidential Innovation Fellows	General
Property Industry Foundation	General
Publication Impact Factor	General
Physical Information File	General
Performance Index Factor	General
Process Intermediate Format	General
Proposal Intake Form	General
Pandemic Intervals Framework	General
Public Improvement Fees	General
Promotion Input Form	General
Proton Irradiation Facility	General
Production Imprint Finishing	General
Project Identification Form	General
Psychosocial Information and Formation	General
Phase Interface Fading	General
Partners in Flight	General
Personal Information Form	General
Paid In Full	General
Public Improvement Fee	General
Prototype Integration Facility	General
Payee Information Form	General
Private Inspection Facility	General
Private Inspection Facilities	General
Placement Isolation and Focus	General
Promise International Fellowship	General
Performa Informa Forma	General
Policies In Force	General
Protecting Immigrant Families	Governmental
Protect Immigrant Families	Governmental
Pet Industry Federation	Governmental
Participant Information Form	Governmental
Professional Interest Forum	Jobs
Plot Implausibility Field	Maths
Pupil Intake Factor	Medical
Punjab Irregular Force	Military and Defence
Problem Identification Flag	Military and Defence
Provisions for Industrial Facilities	Military and Defence
Peripheral Interface File	Networking
Physics At The Information Frontier	Physics Related
Pingtung, Taiwan China	Regional
Program Information File	Softwares
Payload Integration Facility	Space Science
Play It Forward	Sports
Powerbomb Into Facebuster	Sports