Building Global Companies in a Rising Gulf FII7

The discussion revolves around the role of the Public Investment Fund (PIF) in driving the economic diversification of Saudi Arabia. PIF plays four key roles: investor, creator, localizer, and catalyzer. It is actively involved in sectors such as industrialization, automotive, aerospace, defense, and tourism, aiming to reduce import reliance and create opportunities for local businesses. PIF is also focused on attracting international investors and engaging the global community in various sectors. The organization is committed to driving the non-oil economy, with a goal of reaching $1 trillion by 2030, and is actively involved in megaprojects and building infrastructure to support economic growth.