PIF Board of Directors approves 2026-2030 strategy

user icon
NOHA.GAD
calender icon
Apr 16, 2026
article image

Riyadh - Sharikat Mubasher: The Board of Directors of the Public Investment Fund (PIF), chaired by Crown Prince and Prime Minister Mohammed bin Salman, approved PIF’s 2026-2030 strategy to continue driving Saudi Arabia’s economic transformation.

The strategy focuses on delivering competitive domestic ecosystems to connect sectors, unlock the full potential of strategic assets, maximize long-term returns, and further enhance the quality of life of its citizens, the PIF stated in a press release yesterday.

Under the 2026-2030 strategy, the PIF structured its investments into three portfolios: Vision, Strategic, and Financial. The Vision Portfolio aims to leverage synergies across strategic sectors, maximize value for PIF portfolio companies, and continue to drive the growth of the local economy. It will contribute to national priorities by delivering six competitive domestic ecosystems: tourism, travel, and entertainment; urban development and livability; advanced manufacturing and innovation; industrials and logistics; clean energy, water, and renewables infrastructure; and Neom.

The Strategic Portfolio will actively manage key strategic assets to maximize financial returns and the economic impact of PIF’s companies, while supporting their efforts to attract capital and become global champions.

Meanwhile, the Financial Portfolio will focus on delivering sustainable financial returns to strengthen PIF’s financial position and to continue growing national wealth for future generations. It will manage PIF’s direct and indirect investments in global markets to maximize returns, while building a more diversified and resilient portfolio.

Yasir Al-Rumayyan, Governor of PIF, said: “The 2026-2030 strategy is a natural next step in PIF’s growth journey. It offers our partners more opportunities to invest in high-quality assets and ecosystems, alongside PIF. In the next five years, we will continue to build on our great achievements and strengthen our global leadership to deliver success for PIF and Saudi Arabia.”

Moreover, the 2026-2030 strategy strengthens PIF’s position as a local and global investor, with a diversified and resilient portfolio that contributes to Saudi Arabia’s long-term economic prosperity.


Share

Related News

Cority strengthens Saudi presence with new regional headquarters
News
Calendar Icon
June 9, 2026
Cority strengthens Saudi presence with new regional headquarters
Read More
Velents becomes 1st Arab member of Claude Partner Network
News
Calendar Icon
June 8, 2026
Velents becomes 1st Arab member of Claude Partner Network
Read More
Zain KSA, Dammam Airports sign MoU to boost airport digital transformation
News
Calendar Icon
June 8, 2026
Zain KSA, Dammam Airports sign MoU to boost airport digital transformation
Read More
PIF, TMG collaborate in Saudi urban development, livability ecosystem
News
Calendar Icon
June 7, 2026
PIF, TMG collaborate in Saudi urban development, livability ecosystem
Read More
Innovest to launch Arab Angel Investment Network to support Arab investors, startups
News
Calendar Icon
June 7, 2026
Innovest to launch Arab Angel Investment Network to support Arab investors, startups
Read More
stc Kuwait hosts 5th ‘weyak’ Gathering to support entrepreneurs, SMEs
News
Calendar Icon
June 7, 2026
stc Kuwait hosts 5th ‘weyak’ Gathering to support entrepreneurs, SMEs
Read More
Modon pacts with Moscow Industrial Complex to empower entrepreneurship
News
Calendar Icon
June 7, 2026
Modon pacts with Moscow Industrial Complex to empower entrepreneurship
Read More
Edafa Venture acquires AI startups Kuadra, IRRI Vision in six-figure deals
News
Calendar Icon
June 7, 2026
Edafa Venture acquires AI startups Kuadra, IRRI Vision in six-figure deals
Read More
CNTXT AI acquires Actualize to expand enterprise-grade Arabic AI agents
News
Calendar Icon
June 4, 2026
CNTXT AI acquires Actualize to expand enterprise-grade Arabic AI agents
Read More
KPMG: 76% of Saudi organizations expect AI returns within 1 year
News
Calendar Icon
June 4, 2026
KPMG: 76% of Saudi organizations expect AI returns within 1 year
Read More