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WE ARE DRIVING TRANSFORMATION AT A SCALE NEVER SEEN BEFORE, SPARKING A NEW ERA
OF ECONOMIC GROWTH AND OPPORTUNITY

Our Portfolio


WE HAVE A WORLD-CLASS, DIVERSIFIED PORTFOLIO THROUGH INVESTMENTS IN ATTRACTIVE,
LONG-TERM OPPORTUNITIES

Our Investments


PIF’S STRATEGY IS THE BLUEPRINT TO ACHIEVE THE FUND’S ASPIRATIONS AND MEET THE
GOALS OF SAUDI VISION 2030

Our Program
Next
 * 1
 * 2
 * 3

WHAT WE'VE ACHIEVED SO FAR

925BN USD

Assets Under Management (approx.)

1.1+ Million

Direct and indirect jobs created domestically and globally

99

PIF portfolio companies created

13

Strategic sectors


LATEST NEWS & INSIGHTS

More News & Insights

 * PRESS RELEASES
   
   10 December 2024PIF launches Hotel Management Company (Adeera) to develop
   distinct new Saudi hospitality brands

 * PRESS RELEASES
   
   05 December 2024PIF and Bpifrance Assurance Export sign $10 billion
   memorandum of understanding

 * PRESS RELEASES
   
   14 November 2024PIF announces sale of 100 million shares in stc

 * PRESS RELEASES
   
   31 October 2024PIF signs memorandums of understanding with five leading
   Japanese financial institutions

 * PRESS RELEASES
   
   31 October 2024PIF’s Asset Management Forum concludes second edition at FII8

 * PRESS RELEASES
   
   31 October 2024PIF and Hong Kong Monetary Authority sign memorandum of
   understanding for investment fund at FII8

 * PRESS RELEASES
   
   30 October 2024PIF and Google Cloud to create advanced AI hub in Saudi Arabia

 * PRESS RELEASES
   
   30 October 2024PIF and Brookfield sign memorandum of understanding to expand
   investment opportunities in Saudi Arabia and region

 * PRESS RELEASES
   
   20 October 2024PIF announces the establishment of ‘sarcc’ company to meet
   growing staff accommodations demand

More News & Insights


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.

View Giga-Projects
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DIRIYAH COMPANY
NEOM
RED SEA GLOBAL
Red Sea Global

RED SEA GLOBAL
QIDDIYA
ROSHN
DIRIYAH COMPANY
NEOM
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View Giga-Projects


MENA INVESTMENTS

View All Our investments
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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.



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.



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.

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