Saudi sovereign fund reports 25 pct revenue jump in 2024

NAMPA / Xinhua

2025-08-13

RIYADH, Aug. 13 (Xinhua) -- Saudi Arabia's Public Investment Fund (PIF) on Wednesday reported a 25 percent rise in total revenues for 2024 and said its assets under management grew 19 percent to 913 billion U.S. dollars as the sovereign wealth fund continues its drive to diversify the kingdom's economy. According to its 2024 annual report released on Wednesday, the fund's total revenues reached 413.4 billion Saudi riyals (around 110.2 billion......

Restricted content

Latest NAMPA photos

KATIMA MULILO, 13 August 2025 - ECN's Zambezi Regional Electoral Officer, Lesley Simwanza. (Photo: Michael Mutonga Liswaniso) NAMPA

NAMPA

NKURENKURU, 13 August 2025 - Kavango West Governor Verna Sinimbo commended the Sikondo Green Scheme for its innovative approach to agriculture and commitment to productivity during a familiarisation visit on Wednesday. (Photo: Contributed)

NAMPA

NKURENKURU, 13 August 2025-Kavango West Regional Governor Verna Sinimbo has commended the Sikondo Green Scheme for its innovative approach to agriculture and commitment to productivity during a familiarisation visit on Wednesday. (Photo: Contributed) NAMPA

NAMPA

WINDHOEK, 12 August 2025 - The Bank of Namibia (BoN). (Photo: Contributed)

NAMPA

WINDHOEK - The late Retired Chief of the Namibian Defence Force (NDF), Lieutenant-General Solomon Hawala. (Photo: Contributed)

NAMPA

WINDHOEK, 12 August 2025 - Minister of Information and Communication Technology, Emma Theofelus, on Tuesday unveiled the official logo and theme for this year's commemoration of Heroes Day, set for Katima Mulilo in the Zambezi Region. (Photo by: Molly Weyulu) NAMPA

NAMPA

WINDHOEK, 12 August 2025 – Jo-Ann Manuel, the Director of Sport at the Ministry of Education, Innovation, Youth, Sports, Arts, and Culture, pictured during the launch of the 11th edition of the QKR Navachab Half Marathon, at NIDA Building. (Photo by: Hesron Kapanga) NAMPA

NAMPA