PIF To Increase New Investment
Posted on 02/29/2024
PIF will boost capital deployment to US$ 70 billion after 2025 according to Governor of the Fund Yasir Bin Othman Al-Rumayyan. PIF now spends less than US$ 50 billion a year in new investment. PIF has assets of over US$ 700 billion, the majority of which stays in Saudi Arabia. PIF says it invests heavily…