Search results
5 days ago · Moreover, PIF’s non-investment portfolio grew by 15 percent, increasing by SR31 billion to SR238 billion in 2023. The growth was driven by a strong performance across sectors, specifically ...
4 days ago · Saudi Arabia’s sovereign wealth fund swung to a profit in 2023, driven by a rally in global markets that also helped cement its position as one of the biggest state-backed investors in the ...
4 days ago · PIF, which has around $925 billion in assets under management, is the chosen vehicle of Crown Prince Mohammed bin Salman, the kingdom's de facto ruler, to drive an economic agenda aimed at weaning ...
4 days ago · Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), reported a significant turnaround in its financial performance in 2023. According to the latest regulatory filing, the fund swung to a profit of SAR138.1 billion ($36.81 billion) in 2023, after posting a loss of $15.6 billion a year earlier.
4 days ago · Dubai: Saudi Arabia’s Public Investment Fund (PIF) emerged as the top state-owned investor, spending $10.2 billion (Dh37.4 billion) in the first half of 2024. The PIF, which holds stakes in key ...
Jun 12, 2024 · Saudi Arabia's Public Investment Fund (PIF) intends to invest some $15 billion in Brazil, in areas such as green hydrogen, infrastructure and renewable energy, the South American country's ...
Jun 17, 2024 · In March 2024, PIF’s assets under management surpassed $925 billion, up from $700 billion at the end of 2022; Dayan Abou Tine. RIYADH: Saudi Arabia’s Public Investment Fund is poised to reach $2 trillion in assets under management by 2030, propelling it from 5th to 2nd place globally among sovereign wealth bodies, according to Global SWF.