Saudi Arabia's Public Investment Fund on Sunday released its annual report for 2022, which said its assets under management (AUM) surpassed 2.23 trillion riyals ($594.43 billion).
The kingdom's sovereign wealth fund said it generated a total shareholders' return of 8% and established 25 companies in 2022, generating 181,000 jobs.
The PIF said 23% of its AUM were international investments, while 68% were local investments and the remainder were treasury.Reporting by Ahmed Elimam; Editing by Alex Richardson
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
China to attend talks on Ukraine in Saudi Arabia that exclude RussiaChina said on Friday it would send a senior official to Saudi Arabia for weekend talks on finding a peaceful settlement to the war in Ukraine, a forum that excludes Russia, in a diplomatic coup for Kyiv, the West and the Saudi hosts.
Les mer »
Saudi Arabia calls on its citizens to quickly leave LebanonSaudi Arabia called on its citizens to quickly leave Lebanese territory and to avoid approaching areas seeing armed conflicts, the Saudi embassy in Lebanon said in a statement posted late on Friday on X, formerly known as Twitter.
Les mer »
Saudi Arabia calls for immediate evacuation of its citizens in LebanonSaudi Arabia calls on its citizens to quickly leave Lebanese territory and to avoid areas seeing conflicts, says Saudi embassy in Lebanon
Les mer »
Saudi Arabia Charts Solo Path on OPEC PolicySaudi Arabia is increasingly driving an oil-production strategy to boost prices that is at odds with other OPEC members, in a push to fund the kingdom’s ambitious development projects
Les mer »
Saudi Arabia to extend oil production cuts through September, signaling potential rise in US gas pricesSaudi Arabia is extending oil production cuts through the end of September in an effort to raise lagging prices, though analysts fear the move will raise gas prices in the U.S.
Les mer »
Saudi Arabia pushes for peace in Ukraine at Jeddah talksUkraine and its allies hope the meeting in Jeddah of national security advisers and other senior officials from some 30 countries — but not Russia — will agree on key principles on how to end Russia's war in Ukraine.
Les mer »