PIF invests in DigitalBridge for data centers in Saudi Arabia and GCC


Saudi Arabia’s Public Investment Fund has partnered with global asset manager DigitalBridge to invest in the data center sector and other segments of digital infrastructure in the Gulf Cooperation Council (GCC) region. The partnership aims to support the continued advancement of the Kingdom’s digital economy by localizing technologies and supporting knowledge transfer to develop and operate hyper-scale data centers and database servers. DigitalBridge will leverage its expertise in investing, building, and operating digital infrastructure to capitalize on long-term opportunities across the region. This investment is part of PIF’s five-year strategy to inject $40 billion worth of investment into the domestic economy.