The kingdom's sovereign wealth fund reported an AUM of 1.98 trillion riyals for 2021.
The PIF said it generated a total shareholders' return of 8% and established 25 companies in 2022, and locally deployed 120 billion riyals in that year in strategic sectors.
The PIF said 23% of its AUM were international investments, while 68% were local investments and the remainder were treasury.
PIF is the chosen vehicle of Crown Prince Mohammed bin Salman, the kingdom's de facto ruler, to drive an economic agenda aimed at cutting reliance on oil.
The fund raised $5.5 billion in February from a green bond sale, following its inaugural green bond that raised $3 billion in October.
Persons:
Yasir Othman Al, Mohammed Abdullah Al Jadaan, Ahmed Aqeel Al Khateeb, Ibrahim Abdulaziz Al, Prince Mohammed bin Salman, Majid Abdullah Al Qasabi, Khalid Abdulaziz Al Falih, PIF, Ahmed Elimam, Alex Richardson
Organizations:
Saudi Public Investment, Saudi Finance, Tourism, Investment, Read, Saudi, Public Investment Fund, Sunday, Aramco, Sanabil Investments, Thomson
Locations:
Saudi, DUBAI, London , New York, Hong Kong, Saudi Aramco