PIF Annual Report Released: Saudi Sovereign Fund Soars! With $913 Billion in Assets, What Are They Betting On?

HZ info,Against the backdrop of global economic upheaval and energy transition, Saudi Arabia's Public Investment Fund (PIF) has once again delivered an impressive performance. 

According to the newly released "2024 Annual Report", PIF's assets under management exceeded $913 billion, representing a year-on-year growth of 19%; total revenue increased by 25%, with cash flow remaining stable. 

What is more noteworthy is that PIF has not only strengthened its investment layout globally but also deeply promoted the diversification of Saudi Arabia's domestic economy, with its cumulative contribution to non-oil GDP reaching $243 billion. As one of the world's most valuable and fastest-growing sovereign wealth funds, PIF is writing a transformation story that affects the global capital landscape with its "long-term vision + forward-looking strategy".

The following are some key highlights from its "2024 Annual Report":