Saudi Arabia’s Public Investment Fund (PIF) targets to increase its assets to $400 billion (SAR 1.5 trillion) by the end of 2020, Bloomberg reported, citing its head of corporate finance and treasury Alireza Zaimi.

 

“We aim to employ more than 1,000 people in 2020 to achieve the target,” Zaimi said while speaking at a conference in Abu Dhabi, adding that the fund currently has 700 employees.

 

According to data from SWF Institute, PIF’s assets reached $320 billion (SAR 1.2 trillion) in May 2019.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Related News

Saudi PIF retains 10th rank among world’s top SWFs in 2019


Join Us

Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request