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Saudi’s PIF grows assets under management to $913bn in 2024

Summary by Gulf Business
According to its recently released 2024 annual report, the fund delivered an average total portfolio return of 7.2 per cent annually since 2017 The post Saudi’s PIF grows assets under management to $913bn in 2024 appeared first on Gulf Business.
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Riyadh, August 15, 2025 The Public Investment Fund (PIF) published its 2024 annual report, reflecting strong performance and continued progress in achieving its objectives to drive economic transformation in the Kingdom and generate sustainable returns. The report showed a 19% year-on-year increase in the fund's assets under management, reaching SAR 3.42 trillion (approximately $913 billion) by the end of 2024. It achieved a 7.2% total sharehold…

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Gulf Business broke the news in on Thursday, August 14, 2025.
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