Saudi Arabia's PIF reports a 25% revenue jump to $110.2 billion, aiding Vision 2030 economic diversification goals.

Saudi Arabia's Public Investment Fund (PIF) saw its revenues jump by 25% in 2024 to around $110.2 billion and assets under management climb 19% to $913 billion. The growth supports Crown Prince Mohammed bin Salman's Vision 2030 plan to diversify the economy away from oil dependency. Since 2017, PIF has maintained a 7.2% annual portfolio return, contributing significantly to non-oil GDP growth.