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Home News Business

Saudi Arabia’s PIF generated 8.7% shareholders’ return by end of 2023

Press Room by Press Room
August 19, 2024
in Business
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RIYADH: Saudi Arabia’s Public Investment Fund generated an average annual shareholders’ return of 8.7 percent by the end of 2023, highlighting its significant role in the Kingdom’s ongoing economic diversification. 

As the nation advances its Vision 2030 agenda, PIF’s performance underscores its pivotal position in reducing the country’s dependence on oil revenues, a core objective of the initiative’s framework. 

The Vision…



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