Saudi Arabia’s Public Investment Fund net profit more than doubles to $17.3B in 2025

Saudi Arabia’s Public Investment Fund (PIF) saw its net profit more than double in 2025, supported by higher revenue and a sharp increase in operating profit, semi-official Al Arabiya reported on Tuesday, Anadolu reports. The kingdom’s sovereign wealth fund posted a net profit of 65.1 billion Saudi riyals ($17.33 billion) last year, compared with 25.8 billion riyals ($6.87 billion) the previous year. Revenue rose 9% to $119.8 billion, up from $109.99 billion a year earlier. Operating profit also more than doubled, reaching $20.7 billion, compared with $8.09 billion previously. PIF’s total assets increased 5% to $1.21 trillion, from $1.15 trillion. Its cash and cash equivalents exceeded $93.2 billion, according to the report. PIF is Saudi Arabia’s main sovereign wealth fund and […]