Hasnain Malik’s Post

Saudi Wealth Fund Grows Stake in #Aramco to Drive Economic Diversification The #PIF, Saudi Arabia's sovereign wealth fund, has strategically increased its ownership in #Aramco to 16%, reinforcing its commitment to #Vision2030. This move aims to diversify the Kingdom's economy and fuel large-scale projects, including the futuristic city #Neom. Discover how this enhances the PIF's investment capabilities on Saudi Business News, link in bio! #SaudiBusiness #SaudiNews #Vision2030 #SaudiArabia #EconomicDiversification #Investment #WealthFund #GlobalEconomy #Neom #SovereignWealthFund

PIF climbs to 5th globally among sovereign wealth funds, nearing $1 trillion in net assets. The Public Investment Fund's (PIF) impressive growth to $861 billion in net assets is driving the Kingdom's diversification efforts, nearing its ambitious $1 trillion target by 2025. With a significant stake in Aramco and strategic investments in giga-projects like Alat and partnerships in the automotive sector, PIF is playing a pivotal role in Saudi Arabia's Vision 2030 goals. #SaudiArabia #PIF #InvestmentOpportunities #Vision2030

𝐏𝐈𝐅'𝐬 𝐆𝐥𝐨𝐛𝐚𝐥 𝐋𝐞𝐚𝐩: 𝐀 𝐍𝐞𝐰 𝐄𝐫𝐚 𝐟𝐨𝐫 𝐒𝐨𝐯𝐞𝐫𝐞𝐢𝐠𝐧 𝐖𝐞𝐚𝐥𝐭𝐡 Exciting developments in the sovereign wealth landscape as Saudi Arabia's Public Investment Fund (PIF) climbs to the world's fifth-largest. Here's why it matters: 𝐀𝐬𝐭𝐨𝐮𝐧𝐝𝐢𝐧𝐠 𝐆𝐫𝐨𝐰𝐭𝐡: PIF's assets have surged by $160 billion, reaching $940 billion, propelled by acquiring an 8% stake in Aramco. 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐕𝐢𝐬𝐢𝐨𝐧: With an eye on future prosperity, PIF is on track to hit $1 trillion in AUM, aiming for $2 trillion by 2030. 𝐆𝐥𝐨𝐛𝐚𝐥 𝐂𝐨𝐧𝐭𝐞𝐱𝐭: PIF now stands shoulder to shoulder with the world's largest SWFs: Norway: $1.65T China (CIC): $1.35T China (SAFE): $1.09T Abu Dhabi: $993B As PIF forges ahead, it redefines global investment paradigms, showcasing Saudi Arabia's broadening economic horizon. #PIF #GlobalFinance #InvestmentTrends #EconomicGrowth #SaudiVision

Saudi Arabia's PIF Among Top Global Sovereign Wealth Funds The Public Investment Fund (PIF) of #SaudiArabia, with its significant growth in net assets to $940.26 billion, has ascended to the position of the world's fifth-largest sovereign wealth fund. An analysis hails this achievement as a testament to the Kingdom's strategic investments and robust economic policies. With the PIF's trajectory, surpassing the $1 trillion mark by 2025 seems within reach, further bolstering Saudi's #Vision2030 goals. For more insights and detailed analysis, visit Saudi Business News. Link in bio. #PIF #SovereignWealthFund #Aramco #SaudiBusiness #SaudiNews #Vision2030 #SaudiArabia #EconomicGrowth #Investment

💼 Saudi Arabia’s Public Investment Fund (PIF) Tightens Focus 🇸🇦 The PIF, a major player in global investments, is now shifting its strategy to prioritise domestic growth. Under Prince Mohammed bin Salman’s leadership, this sovereign wealth fund is refocusing on key local projects such as Neom and others that align with Vision 2030. As the PIF narrows its international exposure, the focus on developing Saudi Arabia’s economy and attracting foreign investments becomes clearer. This shift marks a critical juncture for businesses looking to engage with the Kingdom's evolving investment landscape. #Vision2030 #SaudiArabia #PublicInvestmentFund #Investment #NOUV

𝐀𝐭 #𝐅𝐈𝐈: 𝐒𝐚𝐮𝐝𝐢 𝐀𝐫𝐚𝐛𝐢𝐚’𝐬 𝐏𝐈𝐅 & 𝐇𝐨𝐧𝐠 𝐊𝐨𝐧𝐠 𝐋𝐚𝐮𝐧𝐜𝐡 $𝟏𝐁 𝐅𝐮𝐧𝐝 𝐭𝐨 𝐃𝐫𝐢𝐯𝐞 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐊𝐞𝐲 𝐒𝐞𝐜𝐭𝐨𝐫𝐬! Saudi Arabia’s Public Investment Fund (𝑷𝑰𝑭) and the Hong Kong Monetary Authority (𝑯𝑲𝑴𝑨) have announced a US$1 billion joint investment fund, unveiled at the Future Investment Initiative (𝑭𝑰𝑰) in Riyadh. This fund will target sectors such as manufacturing, renewables, fintech, and healthcare in Saudi Arabia, supporting job creation and economic growth by leveraging ties with Hong Kong and the Greater Bay Area. In parallel, the Securities and Futures Commission (𝑺𝑭𝑪) of Hong Kong and Saudi Arabia’s Capital Market Authority (𝑪𝑴𝑨) are working together to facilitate cross-border listings, boosting financial product access and investment flows between the two regions. This week saw the debut of two ETFs tied to Hong Kong stocks on the Saudi Stock Exchange (𝑻𝒂𝒅𝒂𝒘𝒖𝒍), marking a new phase in capital market collaboration. These collaborations reflect a joint commitment by Saudi Arabia and Hong Kong to strengthen regional growth and open new pathways for global investment. #FII2024 #GlobalInvestment #SaudiHongKongAlliance #FutureOfFinance #BillionDollarFund #CrossBorderGrowth #InvestmentOpportunities #capitalmarkets #Vision2030

Saudi Arabia's Bold Move: A Strategic Shift in Economic Fortunes! 🚀 In a groundbreaking move, Saudi Arabia has transferred an 8% stake in oil behemoth aramco to the Public Investment Fund (PIF), solidifying its commitment to diversifying the economy away from oil dependency. The stake, valued at approximately $163.6 billion, marks a pivotal moment in the kingdom's ambitious Vision 2030 program. The transfer, doubling Public Investment Fund (PIF)'s direct and indirect #holdings in aramco, underscores the nation's strategic pivot towards new economic horizons. Crown Prince H.H Mohammed bin Salman, who chairs PIF, hailed the move as a key step in expanding investment opportunities and boosting the national economy. PIF's burgeoning influence as a global investment powerhouse has been on a meteoric rise, with investments spanning from technology to sports. Last year alone, PIF invested a staggering $31.5 billion, cementing its position as the world's top spending sovereign wealth fund. "This transfer underscores Saudi Arabia's long-term vision to diversify and strengthen its economy," said an investment expert. "It not only boosts PIF's financial standing but also underscores the nation's commitment to a sustainable, diversified economy." The transfer comes at a crucial juncture as Saudi Arabia looks to further unlock the potential of aramco and drive economic growth. With plans to sell more shares of Aramco in the pipeline, the kingdom is poised to harness new sources of financing to fuel its ambitious Vision 2030 goals. As Saudi Arabia forges ahead with its economic transformation, this move heralds a new chapter in the nation's economic evolution. With PIF at the helm of transformative investments, the kingdom is poised to seize new opportunities and chart a course towards a prosperous future. #saudiarabia #oilandgas #acquisition #banks #sovereignwealthfunds #familyoffice #riyadh #vision2030 #diversification #economicoutlook #financialtrends #investmentstrategy #sabic #neom #gigaprojects #investmentstrategy

Saudi Aramco Shares Transfer Bolsters PIF Portfolio In a notable shift in #SaudiAramco's share distribution, the Public Investment Fund (#PIF) has recently acquired an 8% stake, elevating its investment landscape. This aligns with #SaudiArabia's #Vision2030 to diversify the economy beyond oil by fostering new sectors and opportunities. For more information, visit Saudi Business News. Link in bio. #SaudiBusiness #SaudiNews #Vision2030 #SaudiArabia #Aramco #EconomicDiversification #Investment #PublicInvestmentFund

Saudi Wealth Fund's Remarkable Ascent in Global Rankings The #Saudi Public Investment Fund (#PIF) has made a significant leap in global sovereign wealth rankings, with a 55% increase in assets to $925 billion. This growth places the PIF ahead of Kuwait's fund and just behind Abu Dhabi's, securing the fifth spot worldwide. For more insights on the PIF's strategic growth and impact on #Vision2030, read the full article on Saudi Business News, link in bio! #SaudiBusiness #SaudiNews #Vision2030 #SaudiArabia #PIF #SovereignWealthFund #Investment #EconomicGrowth #Aramco #GlobalRanking

Saudi PIF Unit Elevates Venture Debt with Key Investment In an assertive move to bolster #VentureDebt, a #PIF subsidiary has strategically invested in a portfolio managed by #PartnersForGrowth (PFG), pushing its assets to a substantial $1 billion milestone. This venture reflects Jada Fund of Funds' dedication to supporting SME growth and attracting FDI to #SaudiArabia, aligning with #Vision2030's economic diversity goals. For more on this investment's impact on the Saudi market, visit Saudi Business News. Link in bio. #SaudiBusiness #SaudiNews #Vision2030 #SaudiArabia #Investment #EconomicGrowth #SMEs #Finance #JadaFund #BandrAlHomaly #EconomicDiversity #FDI