DHAHRAN

PwC Seeks to Restore Relationships with PIF After Advisory Suspension

March 4, 2025March 4, 2025 - by Marcus Chen - Leave a Comment

PwC has been temporarily banned by Saudi Arabia’s Public Investment Fund (PIF) from securing advisory contracts until February 2026 due to compliance and governance concerns. The ban affects various consulting …

Business / Technology

Saudi PIF Temporarily Bans PwC from Advisory Services

February 28, 2025February 28, 2025 - by Sofia Nawab - Leave a Comment

The Saudi Public Investment Fund has suspended PwC from advisory roles for a year without clear explanation. This follows PwC’s establishment of significant operations in the kingdom, where it has …