The PIF Board of Directors, chaired by Crown Prince Mohammed bin Salman, approved the 2026-2030 strategy on April 15, focused on delivering competitive domestic ecosystems, unlocking strategic assets, and maximizing long-term returns. PIF
A steady path ahead
The strategy marks a natural evolution from rapid growth to sustained value creation PIF — from building foundations to harvesting returns, and from deploying capital alone to multiplying impact through private sector partnership.
Vision, Strategic, and Financial
The strategy is organized into three portfolios: Vision, Strategic, and Financial. The Vision Portfolio targets six domestic ecosystems: Tourism, Travel and Entertainment; Urban Development and Livability; Advanced Manufacturing and Innovation; Industrials and Logistics; Clean Energy and Renewables; and NEOM. The Strategic Portfolio manages key assets and supports companies in becoming global champions. The Financial Portfolio delivers sustainable returns through diversified global investment.
What this means for investors
Investors tracking Saudi equity exposure should watch Tadawul-listed ETFs tied to PIF-anchored names, including the Albilad MSCI Saudi Equity ETF (9413) and the Albilad MSCI Saudi Growth ETF. PIF will continue investing with agility across local and international markets, with a disciplined focus on value realization, capital efficiency, and sustainable returns. PIF AI infrastructure, clean energy, and advanced manufacturing are now explicitly framed as ecosystem priorities.
Continued capital growth
PIF grew AUM six-fold, contributed over $243 billion to Saudi non-oil GDP from 2021–2024, and spent more than $157 billion with the local private sector over the same period. PIF
Watch AUM repositioning
Specific AUM targets by portfolio and sector allocation breakdowns within the Vision ecosystems will be the key catalysts for repositioning. Al-Rumayyan has signaled continued focus on investing in national champions with global potential and forming strategic international partnerships. PIF
