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Al-Rumayyan: PIF invested 98B euros in Europe

Al-Rumayyan: PIF invested 98B euros in Europe

The Governor of the Public Investment Fund, Yasir Al-Rumayyan, stated that the fund has invested 98 billion euros in Europe from 2017 to 2025. These investments have contributed approximately 70 billion euros to the European GDP and created around 160,000 job opportunities. He also mentioned that Saudi Aramco has invested over 80 billion euros in Europe, with 25% of that amount in Italy, and noted that regulatory challenges affect investors’ investments across the continent. Al-Rumayyan reaffirmed the fund's commitment to its long-term strategies and diversification of its global projects, with no intention of halting foreign investments.

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