Saudi Fund Aims to Reduce International Investments

Yasir Al-Rumiyan stated that the Saudi Public Investment Fund plans to decrease its international investment stake from 30% to between 18-20%. This comes during the Future Investment Initiative conference in Riyadh.


Saudi Fund Aims to Reduce International Investments

The head of the Saudi Public Investment Fund, Yasir Al-Rumayyan, stated at a conference on future investments in the Er-Riyad that the fund aims to reduce its share of international investments from 18% to 20% of the total volume of 30%. He supported this during the conference of the initiative, saying: "Initially, our foreign investments accounted for less than 2%, but then they increased from 2% to 30%, and now our goal is to reduce this indicator to a range of 18% to 20%."

(Source: Reuters)