Investment fund adds 750b riyals to economy
The article focused on the performance of Saudi Arabia's Public Investment Fund (PIF) between 2021 and 2025, highlighting its injection of 750 billion riyals into the local economy. By 2025, it contributed approximately 11% to the non-oil gross domestic product. In that year, the fund achieved net profits exceeding 65 billion riyals, with revenues increasing to around 450 billion riyals, and its assets rising to approximately 3.4 trillion riyals. The PIF also issued its first Euro-denominated green bonds, established new financing programs, and expanded its investments both locally and internationally. It emphasized developing local economic ecosystems, boosting long-term returns, and pursuing high-yield investments in areas such as artificial intelligence, energy, and manufacturing.
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