Riyadh Bureau

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PIF lays out ambitious targets

www.riyadhbureau.com

PIF lays out ambitious targets

Jan 25, 2021
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PIF lays out ambitious targets

www.riyadhbureau.com
Saudi Public Investment Fund offices in Riyadh (Richard Heathcote/Getty)

From Reuters:

Saudi Arabia’s Public Investment Fund plans to double its assets to 4 trillion riyals ($1.07 trillion) by 2025, Prince Mohammed bin Salman said on Sunday, a move that would make it one of the biggest sovereign wealth funds in the world.

The fund would invest 3 trillion r…

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