PIF's MENA Expansion: How Saudi Arabia's Sovereign Fund Is Investing Beyond the Kingdom

Tue, 14 Apr 2026 00:00:00 +0000

PIF’s MENA expansion is a $24B regional investment strategy built around six purpose-built regional companies and a wider deal book across Egypt, Jordan, Bahrain, Oman, and other MENA markets. As PIF’s domestic megaproject portfolio contracted — construction contracts down 60 per cent, The Line suspended, the Mukaab deferred, cash reserves at their lowest since 2020 — the fund’s international investment footprint expanded in the opposite direction. PIF completed more than 10 investment deals across the region over the past two years, established operational offices in Cairo, Manama, Amman, and Muscat, and was named the world’s most active sovereign wealth fund of 2025 by Global SWF.

Jordan on SAUDI VISION 2030 Intelligence Platform

PIF's MENA Expansion: How Saudi Arabia's Sovereign Fund Is Investing Beyond the Kingdom