Riyadh, April 15 (QNA) - Governor of the Saudi Public Investment Fund (PIF) Yasir Al Rumayyan stated that the Fund invested approximately SAR 750 billion domestically in new projects between 2021 and 2025, representing about 70% of its total investments.

This announcement was made during a press conference held Wednesday to mark the adoption of the Fund's 2026-2030 strategy.

He explained that the Fund's strategic partnerships with leading global asset managers contributed to expanding their operations and establishing offices in the Kingdom, attracting over SAR 75 billion in foreign investments to the Saudi market between 2021 and 2025.

This has strengthened the depth of the Saudi financial market, contributed to developing local talent, introduced innovative investment products, and fostered the growth of local asset managers.

He said that during the next five years, 13 strategic sectors will be transformed into six integrated economic systems, in addition to strengthening the interconnection between them, which will provide more diverse partnership and investment opportunities for the private sector, with a focus on enhancing financial returns. (QNA)