A key vehicle of Saudi Vision 2030, the Public Investment Fund (PIF) is one of the world's largest sovereign wealth funds. In addition to investing in companies at home and abroad, PIF has ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

Saudi Arabia needs the price of oil to be around $108 per barrel to fund its spending once domestic investments by the PIF ...

The Public Investment Fund’s (PIF) assets would reach $2tn by 2030, it was predicted. Vision 2030 was announced in 2016 with three main pillars to create a "vibrant society, a thriving economy ...

As the main driver of Vision 2030 and an impactful leading global investor, PIF has the mandate to transform and diversify the Saudi economy, driving the growth of new sectors, businesses and job ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

The PIF is anchoring the kingdom’s economic transformation plan, Vision 2030, and has set up about 100 portfolio companies. That includes Neom, a $1.5 trillion new city on the west coast ...

RIYADH – PIF today announced the establishment of Al Waha Duty-Free Company (Al Waha), a travel retailer and the first Saudi-owned duty-free operator. Al Waha, a wholly owned PIF company, will become ...