US EditionSaudi Arabia's PIF Reaches $1 Trillion, Making a Global Milestone
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Saudi Arabia's PIF Reaches $1 Trillion, Making a Global Milestone
Global SWF claims that PIF has shown an impressive performance with its leadership accountability, disclosures, and ESG commitment. Saudi Arabia has a global milestone as its Public Investment Fund (PIF) reaches $1 trillion in assets. Global SWF, a sovereign wealth fund, recently announced that its assets increased by 18% to SR4.32 trillion ($1.15 trillion) in 2024. Its Vision 2030 has undergone an evolution. It aims to balance between megaproje…
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