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PUBLIC INVESTMENT FUND

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Terms & Conditions Privacy Policy Disclaimer

Terms of Use

Your access and use of the Public Investment Fund's ("PIF", "our", or "we") website www.pif.gov.sa (“Website") is subject to the following terms of use ("Terms"), PIF's Privacy Policy, and Disclaimer, and the laws of the Kingdom of Saudi Arabia, your consent and approval to these Terms is deemed effective upon your first use of this Website. PIF, at its sole discretion, may amend these Terms with immediate effect and your consent and approval to such amendments is deemed upon your continuous use of the Website.

Use of the Website

The contents of this Website are available for general information only and PIF does not represent nor warrant the accuracy, reliability, or completeness of the information provided.
By using this Website, you agree and undertake not to:

(1) use the Website in any way to send spam, phishing, or unsolicited emails;

(2) use the Website in claims to offer investment, banking, or financial services, or any other services, or in requesting monetary deposits or financial and/or personal information, or any fraudulent activity;

(3) use the Website, by post or publish or otherwise, in a defamatory, obscene, infringing, or disparaging way;

(4) upload files containing viruses or corrupt data, attack this Website in any way including using malicious or harmful technology, or using software to interfere with the proper operation of the Website;

(5) misuse the Website to engage in activities that are illegal or unlawful in the Kingdom of Saudi Arabia;

(6) attempt to get unauthorized access to the Website, servers or any connected databases, portals, or devices; or

(7) create a link to this Website in any way suggesting or claiming PIF's association, endorsement, or approval.

Any breach of these Terms, misuse or abuse of any content or material on the Website, or unauthorized access to the Website is strictly prohibited and may result in claims for damages and/or criminal offenses as per the applicable laws and regulations in the Kingdom of Saudi Arabia.

Property Rights

All intellectual property including, but not limited to, copyright in, and to, the content, trademarks, logos, trade names, design, layout, overall appearance, graphics, and other proprietary information provided on, or via, this Website (whether in text, images or other materials) are owned by, or have been licensed to, or have permission to use by PIF and cannot be used without PIF's prior written approval.

Applicable Law

These Terms, including the Privacy Policy and the Disclaimer, and your use of this Website is governed by the laws of the Kingdom of Saudi Arabia and any non-contractual or contractual dispute or claim is subject to the exclusive jurisdiction of the courts in the Kingdom of Saudi Arabia.

Privacy Policy

Your consent and approval to this privacy policy ("Policy") is deemed effective upon your first use of this Website. PIF, at its sole discretion, may amend this Policy with immediate effect and your consent and approval to such amendments is deemed upon your continuous use of the Website.

We use, collect, store and you consent to such in relation to the following data:

(1) Personal data you voluntary submit to our Website, either on your own or on the behalf of an organization or other parties, through our various portals, links, and pages like the Vendor Gate, Contact Us page, Career and Training page, and the PIF Events microsite. By voluntarily submitting your personal information to this Website, you consent on its use, storage, and process by PIF for its intended purposes.

(2) Data we collect automatically through Google Analytics, which collects information on the date/time stamp of your visit, where you are browsing our Website from, and your usage habits including clickstream to, through and from our Website, the length of time you spend on particular pages, which links you click while on our Website. Google Analytics collects information anonymously and reports website trends to us without identifying individual visitors.

Where the legal basis for us processing your personal data is that you have provided your consent, you may withdraw your consent at any time. You will not suffer any detriment for withdrawing your consent. If you withdraw your consent, this will not make processing which we undertook before you withdrew your consent unlawful.
Your personal data will not be used in a manner that contradicts with the purpose that it was collected for as stated in this Privacy Policy.
Your personal data will not be kept for longer than is necessary to fulfill the specific purposes outlined in this Privacy Policy, and to allow us to comply with our legal requirements. Any personally identifiable information will not be kept longer than required.

For avoidance of doubt, the data retention periods for each of the circumstances where we would store personal data:

(1) When applying for careers, trainings or internships through our Website or other portals, we will keep your information for 5 years.

(2) When registering as vendor through the Vendor Gate for future biddings, we will keep your information for 10 years. If you have an active contract with PIF, we will keep your information for nineteen years after the expiry or termination of your contract.

(3) When submitting your inquiries through the Contact Us page, we will keep your information for 2 years.

(4) When registering for a PIF private event through our event registration and management website, we will keep your information for 2 years..

This Website may contain links to other Websites or applications whose privacy policies may differ; you are encouraged to review the terms of such privacy policies.
We may disclose personal information submitted to PIF's Website to satisfy legal or judicial requirements or to authorized third parties such as PIF's portfolio companies, information technology advisors, and legal or business consultants, as required.

Our Data Protection Officer (“DPO”)

If you have any concerns or questions about our use of your personal data, you can contact our DPO through email at (info@pif.gov.sa). We will seek to deal with your requests and inquiries without undue delay. Please note that we may keep a record of your communications to help us resolve potential issues.

Disclaimer

This system is the property of 'Public Investment Fund'. This system, including all related equipment, networks and devices (specifically including internet access) are provided only for authorized employees of 'PIF' and other authorized employees. Any or all use of this system may be monitored, recorded, and audited for all lawful purposes to ensure their use is authorized for management of the system, to facilitate protection against unauthorized access and to verify security procedures. Unauthorized or improper use of system may result in disciplinary action and/or civil charges/criminal penalties and/or prosecution by law. Evidence of unauthorized use collected during monitoring maybe used for administrative, criminal or other adverse action. By continuing to use the system, you indicate your awareness of the consent to these terms of use.

PIF Secure Web Application Usage Policy

In consideration of using the PIF web applications, I confirm that I have read, understood and agree to comply with the below statements;and I shall abide by them while using or accessing the PIF web applications.

(a) I am aware that all data stored on or originating from, and all communications transmitted or received using, PIF web applications are considered the property of the PIF.

(b) I will not copy, distribute, lose, misuse, disclosure or modify any information related to PIF without prior approval.

(c) I will comply, and I will respect the PIF cybersecurity policies and procedures, and law of the Kingdom of Saudi Arabia and any other related regulations.

(d) I will not attempt any unauthorized access to, interference with or disruption of any software, data, documents or systems available through PIF web application.

(e) I will not copy or download any material or any portion protected by copyright without proper authorization from the copyright owner.