Neo Space Group (NSG) is a national company owned by the Public Investment Fund (PIF) in the Kingdom of Saudi Arabia. It operates in the space sector and satellite services both locally and globally. Announced on May 27, 2024, it is the first PIF investment focusing entirely on space sector industries. Objectives of NSG NSG aims to develop and enhance commercial operations such as startups, initiatives, and technologies related to the space sector and satellite services in the Kingdom. It seeks...

Noon Investment is an e-commerce company that provides several products and services for its customers across various platforms. The Public Investment Fund (PIF) owns 50 percent of the company. It was established in 2017 and operates a fleet of approximately nine thousand specialized delivery vehicles. Investing in Noon Investment The PIF's ownership of a 50 percent stake in Noon Investment Company reflects its commitment to strengthening investments in non-oil sectors, expanding the fund&...