It's not a company from SA it's SA.
The PL themselves described PIF as a company in SA like.
whose chairman happens to be the crown prince of saudi arabia (and as far as I understand he's been making more and more decisions for the country the last few years) and its literally the public investment fund of saudi arabia how the hell can it not be considered an arm of the KSA goverment
I know and you know it's the state.
It doesn't necessarily follow that's the case legally.