Al-Rumayyan: PIF’s investments in Europe amounted to 98 billion euros in 8 years
The Governor of the Public Investment Fund (PIF), Yasser Al-Rumayyan, said on Thursday that The Fundinvested about 98 billion euros in Europe during the period from 2017 to 2025, noting that these investments contributed to adding about 70 billion euros to the gross domestic product.
Al-Rumayyan explained in a dialogue session within the work "Top priority" Which it organizes "Future Investment Initiative" In the Italian capital, Rome, The Fund’s European investments contributed to providing about 160,000 job opportunities.
Al-Rumayyan pointed out that the company’s investments "Saudi Aramco" It raised more than 80 billion euros in Europe, 25% of which was in Italy, and it purchased its products from Italy.
Al-Rumayyan noted the fund’s success in attracting investments to and from Europe, especially the automobile industry, which generates more returns for all parties.
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