AGBI
Megha Merani
09 Feb 2026
Saudi Arabia’s Public Investment Fund (PIF) is expected to test elements of its new strategy to sound out investors this week as it seeks billions from the private sector to keep its giga-project pipeline moving, people familiar with the plans told AGBI.
The oil-dependent kingdom has been forced to make adjustments and difficult decisions after years of heavy spending ran into rising costs and execution hurdles, and lower crude prices squeezed fiscal space and tightened liquidity.
As the PIF Private Sector Forum opens in Riyadh today, the fund and its 120 portfolio companies will pitch opportunities to investors and suppliers, giving an early read on how it is reworking its giga-project pipeline. Organisers said the forum is expected to yield more than 100 memoranda of understanding.
Saudi to test revised PIF strategy as giga-project funding tightens | AGBI - 09 Feb 2026
