Public Investment Fund (PIF) assets have nearly tripled over the past decade as the Saudi sovereign wealth fund moves closer to its $1tr target by the end of this year.
The growth marks a major milestone in its evolution from a domestic financing body into one of the world’s largest investment funds. Since its inception, the PIF has expanded its workforce from fewer than 40 to more than 3,000 employees.
The fund is now finalising its 2026 – 2030 strategy, which aims to further grow assets, diversify revenues and reinforce its position as a key driver of the Kingdom’s long-term economic goals.
Gulf Economist Staff Writer