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Saudi Arabia Is Winning Portfolio Capital and Losing Direct Investment
Foreigners put $76.1bn into Saudi securities in 2025 against $32.6bn of direct investment — and in the first quarter of 2026 the ratio reached 4.8 to one. Portfolio money is rented; a factory is not. Two capital accounts, two different countries.
strategic
PIF 2026-2030 Strategy: Capital Allocation, Local Growth, And Vision 2030 Implications
Source-backed brief on PIF's 2026-2030 strategy, portfolio investment logic, local growth role, and Vision 2030 implications.