Al-Rumayyan: Saudi PIF Set to Achieve Goal of Increasing Assets by Year-End

published:03/11/2025 11:19 GMT

Yasir Al-Rumayyan, governor of the Public Investment Fund, said the fund’s assets have tripled since 2015, adding the fund's goal is to reach US$1 trillion by the end of this year, “and we are very close to achieving it.” The PIF has been the cornerstone of Saudi Vision 2030, with its workforce expanding from around 40 employees in 2015 to about 4,000 today. The fund has also established offices in major global cities. Al-Rumayyan noted that the fund has launched more than 100 companies...More