PIF Chief: 98B Euros Invested in Europe

Giant Public Investment Fund Governor Yasser Al-Rumayyan has confirmed that the fund invested 98 billion euros in Europe over the past eight years, contributing 70 billion euros to the continent’s GDP and creating 160,000 jobs. He also announced the launch of a new strategy focusing on data, pharmaceuticals, and renewable energy, with an analysis of 140 investment opportunities worth 10 billion euros through 2030. Additionally, he noted that the fund faces regulatory challenges that impact its current and future investments in Europe.

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