3
Total investments
1
Early stage
0
Mid stage
0
Late stage
15y
Years active
Portfolio
1 investments · sorted by recency
All investments
Early stage
Mid stage
Late stage
Board Member
Nov 2015
GCC Lab is an Electrical Testing Laboratory which is world class Electrical Product Testing and Services Hub in the GCC and MENA region, Independent authority for testing and certificating High-Voltage, Medium-Voltage and Low-Voltage electrical equipment, Act as a third party for failure investigations and arbitration, provide Low Voltage calibration services for electrical equipment and testing tools and certification courses for engineers and technicians.
GCCELAB will serve as a corner stone to enable major electrical equipment manufacturing the GCC and the surrounding region by offering cost-effective and world-class testing & certification services to ensure the highest levels of equipment safety, reliability and efficiency. The facility will include specialized labs to support applied Research & Development and innovation initiative in the region, as well as providing practical training. Additionally, the Lab will be designed to deliver on-site inspection and efficiency assessment for electrical equipment.
Experience · 4 entries
All (4)
Investments (3)
Board (3)
2015
Board Member
Nov 2015
GCC Lab is an Electrical Testing Laboratory which is world class Electrical Product Testing and Services Hub in the GCC and MENA region, Independent authority for testing and certificating High-Voltage, Medium-Voltage and Low-Voltage electrical equipment, Act as a third party for failure investigations and arbitration, provide Low Voltage calibration services for electrical equipment and testing tools and certification courses for engineers and technicians.
GCCELAB will serve as a corner stone to enable major electrical equipment manufacturing the GCC and the surrounding region by offering cost-effective and world-class testing & certification services to ensure the highest levels of equipment safety, reliability and efficiency. The facility will include specialized labs to support applied Research & Development and innovation initiative in the region, as well as providing practical training. Additionally, the Lab will be designed to deliver on-site inspection and efficiency assessment for electrical equipment.
2012
J
Jubail water and electricity company
Board Member
May 2012
2011
W
Water Electricity Holding Company
Board Member
Nov 2011
2009
Vice President
Oct 2009
About
Public Investment Fund (PIF) is building a world-class domestic and international investment portfolio, and is positioned to be transformed into the world’s largest sovereign wealth fund.
Background
The Public Investment Fund was originally established in 1971 to invest in commercial projects. In addition to making select investments in a range of companies and assets domestically and internationally. The Fund has contributed to the establishment of numerous Saudi Arabian companies, supporting innovation, diversification and non-oil sector development in the Kingdom.
In March 2015, the Council of Ministers issued a decree to transfer oversight of the Public Investment Fund to the Council of Economic and Development Affairs (CEDA). A new Board of Directors was appointed, chaired by His Royal Highness Crown Prince Mohammed Bin Salman Bin Abdulaziz, Chairman of CEDA.
Vision and Objectives
The Public Investment Fund aims to be a global investment powerhouse and the world’s most impactful investor, enabling the creation of new sectors and opportunities that will shape the future global economy, while driving the economic transformation of Saudi Arabia.
Portfolio
The Public Investment Fund has a diverse portfolio made up of a significant number of investments, of which around 20 are listed on the Tadawul, the Saudi Stock Exchange. The Fund is building an investment portfolio that is diversified and risk-adjusted across sectors, geographies and assets classes. All investments are primarily based on economic and financial criteria, with a focus on achieving attractive long-term financial returns.
General Enquires: Info@pif.gov.sa
Media Enquires: Media@pif.gov.sa
Careers: Jobs@pif.gov.sa
Investment activity
2011–2015 · 3 investments
Recent (last 2 years)Earlier
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