Saudi PIF Swings To $36.8B Profit In 2023 After Incurring $15.6B Loss In 2022, Revenues More Than Double

This post was originally published on Forbes Middle East

Saudi Arabia's Public Investment Fund (PIF) reportedly posted a $36.8 billion profit (SAR 138.1 billion) in 2023, after recording a 15.6 billion loss a year earlier, as the kingdom advances its Vision 2030 economic diversification agenda spearheaded by the PIF.