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

solutions signs SAR 132.4 mn contract to upgrade stc cloud data network
News
Calendar Icon
April 21, 2026
solutions signs SAR 132.4 mn contract to upgrade stc cloud data network
Read More
Chairman: Jarir expands footprint with plan to open 7 branches
News
Calendar Icon
April 20, 2026
Chairman: Jarir expands footprint with plan to open 7 branches
Read More
Aramco’s fund Prosperity7 Ventures leads $10mn round for Creao AI
News
Calendar Icon
April 20, 2026
Aramco’s fund Prosperity7 Ventures leads $10mn round for Creao AI
Read More
Sports Investment Forum 2026 opens in Riyadh
News
Calendar Icon
April 20, 2026
Sports Investment Forum 2026 opens in Riyadh
Read More
Nana enters financial restructuring after raising over $200mn
News
Calendar Icon
April 19, 2026
Nana enters financial restructuring after raising over $200mn
Read More
Saudi Industry ecosystem participates in Hannover Messe 2026
News
Calendar Icon
April 16, 2026
Saudi Industry ecosystem participates in Hannover Messe 2026
Read More
NEOM Port launches multimodal corridor linking Europe to GCC
News
Calendar Icon
April 16, 2026
NEOM Port launches multimodal corridor linking Europe to GCC
Read More
PIF Board of Directors approves 2026-2030 strategy
News
Calendar Icon
April 16, 2026
PIF Board of Directors approves 2026-2030 strategy
Read More
Report: Cyber risks outpace AI concerns for Middle East leaders
News
Calendar Icon
April 15, 2026
Report: Cyber risks outpace AI concerns for Middle East leaders
Read More
Eli Lilly acquires CE-Ventures portfolio company CrossBridge Bio
News
Calendar Icon
April 15, 2026
Eli Lilly acquires CE-Ventures portfolio company CrossBridge Bio
Read More