 |
Saudi Arabia’s Public Investment Fund boosted Teneo Strategy's monthly 2023 retainer from $225K to $358,750, as the firm is to "tackle many tasks at once," according to its federal filing.
The work last year was for a “Focused Strategy & Structure Diagnostic Project.”
Its 2023 pact calls for Teneo to deliver an international communications plan that will help position PIF as "a sophisticated global investment organization with a solid track record and targeted investment strategy.”
Teneo will demonstrate how PIF is enabling the creation of new sectors and opportunities for driving transformation in Saudi Arabia and generating sustainable returns for the benefit of the Kingdom and its people.
Activities include creating an integrated content strategy, executive media monitoring and reporting and engagement with select PIF portfolio and partner companies.
The firm has 20 staffers in New York, London, Dublin and Dubai handling the work, including vice chair Tim Burt, a former editor and reporter at the Financial Times, Wall Street Journal, Daily Telegraph and Guardian.
FGS Global has updated its public diplomacy and communications contract with the embassy of the United Arab Emirates, showing $5.6M in fees through 2006.
Impact Management Group, which is headed by Republican operative Terry Benham, works to build US support for Ukraine.
Rational 360 has ironed out its six-month $1.2M contract with Saudi Arabia’s Public Investment Fund to position it as a “sophisticated global investment fund.”
APCO has signed on to promote this month’s visit of Ahmed Al Khateeb, head of Saudi Arabia’s Ministry of Tourism, to the US.
The Dominican Republic’s Ministry of Tourism has signed on Montieth & Co. for strategic communications and media relations duties as chaos grips neighboring Haiti.
Have a comment? Send it to 
Jun. 30, 2023, by Joe Honick
What part of the Saudi expansive Public Investment Fund will use the "investment" of $2.5 billion it shuttled to Jared Kushner...and did it ever pay the least of anything to the survivors of Khashiggi, whom they seem to have forgotten?