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Saudi PIF ranked 2nd among GCC’s sovereign wealth funds with $925bn in assets

Saudi Arabia’s Public Investment Fund has soared in an annual global ranking of sovereign wealth organizations, thanks to a 55 percent increase in assets under management. The value of PIF’s portfolio now stands at $925 billion, according to US-based Sovereign Wealth Fund Institute, up from $595.6 billion in 2022. This…

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Click here to read the full story: Arab news

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