The Public Investment Fund (PIF)

The Public Investment Fund (PIF) is Saudi Arabia's sovereign wealth fund, responsible for managing the country's national savings through investments worldwide. Its goal is to diversify Saudi Arabia’s economy beyond oil reliance by investing in various sectors like technology, tourism, and infrastructure. The PIF aims to generate long-term financial returns, support economic growth, and help develop strategic industries within the kingdom, aligning with Saudi Vision 2030. It operates as a major source of national wealth, leveraging global investments to drive economic sustainability and transformation.