What we've achieved so far
Assets Under Management (approx.)
Direct and indirect jobs created domestically and globally
PIF portfolio companies created
Strategic sectors
Latest News & Insights
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![PIF announces sale of 100 million shares in stc]()
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![PIF signs memorandums of understanding with five leading Japanese financial institutions]()
Press Releases
31 October 2024PIF signs memorandums of understanding with five leading Japanese financial institutions -
![PIF and FII signed a memorandum of understanding to focus on the asset management industry at future FII events]()
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![PIF and the Hong Kong Monetary Authority (HKMA) today signed a memorandum of understanding (MoU) to work towards jointly anchoring a new investment fund, with a target size of $1 billion. The MoU was signed at FII 8th Edition in Riyadh.]()
Press Releases
31 October 2024PIF and Hong Kong Monetary Authority sign memorandum of understanding for investment fund at FII8
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Press Releases
30 October 2024PIF and Brookfield sign memorandum of understanding to expand investment opportunities in Saudi Arabia and region -
![SARCC]( "PIF announces the establishment of ‘sarcc’ company to meet growing staff accommodations demand")
Press Releases
20 October 2024PIF announces the establishment of ‘sarcc’ company to meet growing staff accommodations demand -
![Oxagon, in Saudi Arabia’s region of NEOM]( "The world’s largest green hydrogen plant is being built at Oxagon, in Saudi Arabia’s region of NEOM")
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![PIF forms partnership with Central Group in Selfridges]()
Giga-Projects
The giga-projects are designed to stimulate the economy and their benefits are expected to expand significantly beyond the real estate and infrastructure sectors, helping to diversify the economy away from oil, especially given their sheer scale.
MENA Investments
Arabian Industrial Fibers Company (Ibn Rushd)
IBN RUSHD Vision is to be the preferred leading Manufacturer of PET chain in the region.
Elm Company
Serving society and facilitating lives is the notable feature of Elm since its beginning. Keeping pace with the digital acceleration in our changing world has encouraged Elm to accelerate its growth and expansion, and to offer more diverse innovative solutions according to the best global standards. We believe in Elm that the best solutions are not just technical. Rather, a good solution requires fulfilling the needs of our customers to achieve an integrated customer experience that reflects our identity and environment. Our greatest strength is our ability to carry out all of the above with all the integration and harmony between our major sectors and in accordance to the best practices in each sector, within an integrated creative environment, to achieve an outstanding customer experience. To achieve this, we divided the business sectors according to specialty including (Health, Industry, Transportation, Interior, Labor, Hajj, Umrah, Justice, Finance, Municipalities, Emerging Businesses, etc.) to ensure professionalism in the service provided in each sector. Each business unit analyzes customer experiences and creates common opportunities for customers. Also, these units act as a link between Elm sectors and customers in order to achieve the best outcomes. By consultations, we study the opportunity or problem and develop the best consulting solutions that commensurate with the labor market. We implement these digital solutions according to the highest level of technology. When our customers need an outsourcing, we also do so in the sense that the customer is a guest. We can also train, develop and transfer knowledge to human capacities.
International Company For Water and Power Projects (ACWA Power)
ACWA Power is a developer, investor and operator of power generation and desalinated water production plants
King Abdullah Financial District (KAFD)
Situated in Riyadh, KAFD is an iconic business and lifestyle destination with state-of-the-art physical and digital infrastructure. The destination is owned and managed by King Abdullah Financial District Development and Management Company (KAFD DMC), which was established in 2018 and is a wholly-owned subsidiary of the Public Investment Fund (PIF), the sovereign wealth fund of the Kingdom of Saudi Arabia. KAFD’s 95 buildings, designed by 25 world-leading architectural firms, have reshaped the skyline of Riyadh. The vibrant mixed-use district offers a range of experiences across its area of 1.6 million square meters and is the largest development globally to achieve LEED Platinum certification, the highest accreditation from the USGBC (U.S. Green Building Council), which recognizes KAFD as a global leader in sustainability.
Red Sea Global
The Red Sea Project is the world’s most ambitious luxury tourism development, offering an exclusive experience of unparalleled diversity for discerning global travellers. The site encompasses an archipelago of more than 90 pristine islands, miles of sweeping desert and dramatic mountain landscapes. Our ambitious vision to deliver unforgettable, personalized experiences in a stunning environment is also matched by our commitment to: offer access to some of Saudi Arabia’s most important cultural treasures. Protect, preserve and enhance the local environment; and set a new standard in sustainable development; In particular, the Red Sea Project will mitigate carbon dioxide emissions, waste production, and light and noise pollution, maintaining the destination at a level equivalent to a Marine Protected Area. The destination’s variety of islands and coastline, rare opportunities to enjoy culture and the natural world, together with the highest-quality personalized accommodation and service, will set new standards in luxury travel and position Saudi Arabia on the global tourism map. THE DEVELOPER All elements of the project will be guided by the master developer, The Red Sea Development Company (TRSDC). We are committed to developing the area into year-round, luxury destination - valued as much by international travelers as the local population and the global business community. We're uncompromising in our commitment to protect and preserve the natural environment, and pioneering new standards in sustainable development is at the heart of the Red Sea Project. From planning, through to construction and destination management, setting new international standards and achieving best practice is of paramount importance. As part of our remit, we are pursuing partnerships and investment opportunities with external organizations. These partnerships will cover a range of industries - from hospitality and entertainment, to large-scale infrastructure projects, including transportation and utilities.
Saudi Arabian Industrial Investments Company "Dussur"
Dussur operates a sustainable investment model that facilitates the development of key industrial sectors and their desired value chains in the Kingdom. Of particular interest is downstream development in strategically important industries. Dussur will create a significant number of quality job opportunities for the Kingdom’s citizens through its investments in the targeted sectors. .Dussur was established by Royal Decree. The shareholders are three of the Kingdom of Saudi Arabia’s largest and most respected organizations, the Saudi Arabian Public Investment Fund (PIF), Saudi Aramco and SABIC (Saudi Basic Industries Corporation).
Saudi Coffee Company
Founded to increase Saudi Arabia’s position in the global coffee industry, the Saudi Coffee Company aims to become the leader in the production, promotion, and marketing of world-famous coffee beans, Coffea Arabica, within the Kingdom and around the world.
Soudah Development
Soudah Development (SD) is a closed joint-stock real estate development company owned by the Public Investment Fund (PIF), launched by HRH Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud, Prime Minister and Chairman of PIF, on 24th February 2021, to develop a luxury mountain tourism destination set 3,015 meters above sea level on Saudi Arabia's highest peak.
Meet the PIF Experts
Meet the PIF Experts behind the Fund's strategy to enable promising sectors and working towards the goals of Saudi Vision 2030
View our expertsCareer Opportunities
PIF provides a working environment that inspires its employees to reach their full potential and make a global impact
