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Al-Rumayyan: PIF invested 98 billion euros in Europe
Yasir Al-Rumayyan, Governor of the Public Investment Fund and Chairman of Saudi Aramco, announced that the fund has invested 98 billion euros in Europe from 2017 to 2025. He commented that these investments have contributed approximately 70 billion euros to Europe's GDP and created around 160,000 jobs across the continent. Additionally, Aramco has invested over 80 billion euros in Europe, with 25% of that in Italy. He emphasized that regulatory challenges impact investors' ability to increase their investments in Europe, while the fund remains committed to a diverse investment portfolio and a long-term strategic approach.
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