Saudi Arabia is on track to hit a target of increasing its Public Investment Fund (PIF) in size to $400 billion in 2020,
Vast wealth and the promise of dramatic change make for cautious optimism concerning Saudi Arabia, the chief executive…434 Views | the publication reaches you by | Saudi Arabia Today
In a note published on Thursday, IIF said that a key part of Saudi Arabia’s Vision 2030 economic diversification plan involved “the transformation of the PIF from a state holding company into one of the world’s largest sovereign investment vehicles”, with a proposal to grow assets to $400 billion by 2020 and $2 trillion by 2030.
electric car maker Tesla, ride hailing firm Uber, Blackstone’s infrastructure funds and investment funds in Russia and Egypt.
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