Saudi Arabia, the world’s biggest oil exporter, is hugely exposed to the transition away from oil. With nearly 35 million people and a large young population with high expectations, Riyadh is in a race against time to diversify the kingdom’s economy and to create jobs and opportunities for young Saudis.
Over the past five years, the Public Investment Fund (PIF) has emerged to lead the transformation of the Saudi economy.
PIF’s latest five-year plan, unveiled in February, aims to increase the value of its assets under management to $1.1tn by 2025, and $2tn by 2030, up from an estimated $400bn today. The plan also involves an estimated $3tn of investments by 2030.
رحيل أقوى رجال البترول العرب عن عمر 90 عاما
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الموت يختطف أقوى رجال البترول العرب فمن هو وما هي أبرز الأحداث التي شهدها
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