PIF Posts Record Revenue and Net Profit as Assets Surpass $900 Billion

Saudi Arabia's Public Investment Fund (PIF) has reported significant growth in its assets and net profit, according to its latest annual report. The fund's revenue rose 9% to $120 billion, while its net profit more than doubled to $17 billion.

The increase in profitability reflects the growth of PIF's portfolio and the maturity of investments made under its long-term strategy. The fund's assets under management have surpassed $900 billion, a sixfold increase over the past decade.

PIF has been expanding across Saudi and international markets, establishing companies in sectors such as tourism, entertainment, technology, mobility, and gaming. The fund has also been contributing to Saudi Arabia's non-oil economy, with its activities generating more than $342 billion in real non-oil GDP between 2021 and 2025.