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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.


Hogan Lovells has expanded its relationship with Ukraine to reflect the implementation of the 50/50 US-Ukrainian partnership to develop its critical minerals.
Brownstein Hyatt Farber Schreck has agreed to provide government relations and PA services to the Kingdom of Morocco.
The Washington Media Group is providing strategic communications support for Qatar's Education City, home of satellite facilities of Weill Cornell Medicine, Carnegie Mellon, Georgetown and others.
DCI Group has signed a $250K monthly retainer contract to provide communications and government affairs services for the Commonwealth of the Bahamas.
DGA Group signs $42,500 monthly retainer pact to provide government affairs services to OCP North America, phosphate fertilizer operation owned by the Government of Morocco.



