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Future Investment Initiative

Coverage of Future Investment Initiative in the Nexus archive.

Earliest in view: Jun 23 · 10:09 UTCMost recent: Jun 23 · 10:09 UTC
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  • BUSINESSJun 23 · 10:09 UTCFORTUNE
    Saudi’s sovereign wealth fund wants the kingdom to become a global investment center

    Saudi Arabia’s Public Investment Fund (PIF) is shifting its strategy to make the kingdom a global investment hub, allocating 80% of its capital to domestic projects and scaling back foreign investments. This pivot includes reducing the scope of giga-projects like Neom and Trojena amid fiscal pressures and geopolitical challenges.