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Detailed stories on technology startups, business and economic current affairs.
From pulling back on international bets to writing down its domestic gigaproject portfolio, PIF’s moves are a reflection of the kingdom’s challenges.

قصص آنية ومفصلة ومكتوبة بعناية من المنطقة
Timely, detailed and well-written stories from the region
Two developments in connection with Saudi Arabia’s sovereign wealth fund have dominated the news cycle over the past few days. And both are a reflection of the ongoing changes at the Public Investment Fund as well as the kingdom running it.
We start with the bigger one. Last week, Public Investment Fund, or PIF, released its annual report for the year 2024, outlining the fund’s basics and its evolving strategy. The total assets of the fund stood at $913 billion at the end of the year, a 19% annual jump that further solidifies PIF’s position as one of the largest …
آراء حول أحدث التطورات في الأعمال والاقتصاد من محرر الشرق الأوسط
Views on the latest happenings in business and economy from our ME Editor