# Saudi Arabia Public Investment Fund economic expansion > Live situation record from CLSTR: https://clstr.news/situations/saudi-arabia-public-investment-fund-economic-expansion > Updated: 2026-08-17T13:03:08.000Z. Sources: 3. Developments: 2. Saudi Arabia is advancing its economic diversification through significant capital deployment and regulatory reform. In July 2026, the Public Investment Fund (PIF) and Brookfield announced a $2 billion private equity fund targeting high-growth businesses in Saudi Arabia and the Gulf Cooperation Council. This move coincided with the Saudi cabinet approving updated investment laws to streamline company registration and strengthen intellectual property protections. By August 2026, the PIF reported substantial financial growth for the 2025 fiscal year, noting that net profits had doubled to over 65 billion riyals. The fund’s assets under management reached approximately 3.4 trillion riyals. To support its long-term objectives, the PIF has expanded its financing capabilities through green bonds and commercial paper programs, while launching new entities focused on artificial intelligence and the management of Expo 2030 Riyadh. ## Timeline ### 2026-08-17: Public Investment Fund reports strong 2025 growth and profit doubling Saudi Arabia’s Public Investment Fund reported 2025 revenues of 450 billion riyals and doubled net profits to over 65 billion riyals, managing assets totaling 3.4 trillion riyals. 3 sources. https://clstr.news/cluster/public-investment-fund-reports-strong-2025-growth-and-profit-doubling ### 2026-07-29: Saudi Arabia launches $2 billion private equity fund with Brookfield Saudi Arabia’s PIF and Brookfield close a $2 bn private‑equity fund for GCC growth, while new investment law and $2 bn Pakistan MoUs aim to broaden capital inflows under Vision 2030. 7 sources. https://clstr.news/cluster/saudi-arabia-launches-2-billion-private-equity-fund-with-brookfield --- Cite as: Saudi Arabia Public Investment Fund economic expansion. CLSTR, https://clstr.news/situations/saudi-arabia-public-investment-fund-economic-expansion