Saudi Public Investment Fund (PIF): Your comprehensive guide to employment, graduate development, and major subsidiaries
Represents the Public Investment Fund (Public Investment Fund - PIF) as the main driver of economic transformation in the Kingdom of Saudi Arabia and the most influential sovereign investment arm globally within the framework of Vision 2030. The fund leads qualitative local and international investments that contribute to diversifying income sources and generating thousands of quality job opportunities for young national talents.
In this documentary guide, we review through the blog Dwat (zawat.net) the complete details of the fund's asset size, official application and employment portals, requirements for the Graduate Development Program and the "Azm" program, average salary scale, and a list of major companies owned by the fund, and how to benefit from its investment initiatives.
How large are the assets of the Saudi Public Investment Fund and its role in Vision 2030
The fund is classified among the largest sovereign wealth funds in the world and is witnessing continuous growth in the size of its managed assets:
Growing asset size: The managed assets of the fund have exceeded 900 billion dollars (equivalent to more than 3.5 trillion Saudi riyals), with a target of reaching over two trillion dollars by 2030.
Presidency and management of the fund: The Board of Directors of the Fund is chaired by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, the Crown Prince and Prime Minister, while His Excellency Mr. Yasser Al-Rumayyan holds the position of Governor of the Fund to manage the executive operations and investment strategy.
Major Projects (Giga-Projects): The Fund leads the development of giant projects that reshape the global tourism and industry map, including: "NEOM", "The Red Sea Project", "Qiddiya", "Roshn", and "Diriyah".
Companies owned by the Public Investment Fund and the list of major PIF investments
The Fund has a broad investment portfolio that includes sectors such as energy, mining, telecommunications, real estate, aviation, and technology, and its major subsidiaries can be classified as follows:
Major industrial and logistics companies: "Riyadh Air", and "Ceer" for the first Saudi electric car brand, the National Company for Military Industries (SAMI), and the Saudi Railway Company (SAR).
Real estate and development sector: "Roshn" Real Estate Development Group, "Diriyah" Company, "Jeddah Central Development" Company, and "Al-Soudah Development" Company.
Technology, artificial intelligence, and telecommunications: "Elm" Company, the Saudi Information Technology Company (SITE), the Saudi Artificial Intelligence Company (SCAI), in addition to strategic stakes in major telecommunications and banking companies.
Entertainment, sports, and quality of life: The Entertainment Investment and Development Company (SEVEN), the Saudi Coffee Company, and it holds majority stakes in major Saudi Professional League clubs, and the "Savvy" Group for electronic games.
The official portal of the Fund allows downloading profile files in PDF format that include an updated list of all subsidiaries and their areas of work for entrepreneurs and investors.
Public Investment Fund Employment: Application steps through the official job portal
Provides Public Investment Fund A professional work environment that attracts skilled individuals with experience and recent graduates through a dedicated employment platform:
Access to the employment portal: Direct access is available through the jobs section on the official fund portal (pif.gov.sa).
Viewing job vacancies: Browse available opportunities by departments (Investment Management, Risk Management, Compliance and Governance, Human Resources, Digital Strategy, and Institutional Development).
Creating a profile: Entering professional data, uploading an updated resume, and certificates of experience and academic qualifications.
Screening and interview stages: Applicants undergo competency tests, behavioral and professional assessments, and leadership interviews that ensure alignment with the fund's global standards.
Public Investment Fund Graduate Development and details of the Azm training program
The fund places exceptional emphasis on qualifying and training young national talents through intensive training and qualification programs:
Graduate Development Program (GDP): A global training program that lasts several months, designed in partnership with prestigious universities and international institutes to build future leaders in financial analysis and investment sectors.
Azm Training Program: A specialized initiative aimed at developing leadership and executive skills for recent graduates, integrating them into practical projects with professional investment teams.
Specialized tracks: The training covers vital tracks such as project financing, governance and risk management, real estate investment, and corporate innovation.
Admission requirements: The programs require a Bachelor's or Master's degree with a high GPA, fluency in English, and passing analytical and leadership thinking tests.
Salaries of the Public Investment Fund, job benefits, and allowances
The salaries of the Public Investment Fund Among the most competitive in the Middle East, and subject to a job ladder that considers excellence and qualitative experiences:
Salaries for recent graduates: The bonuses and salaries for those joining graduate programs and entry-level jobs start from rewarding levels averaging between 16,000 to 22,000 Saudi Riyals per month, in addition to training bonuses.
Salaries for experienced professionals: Salaries for financial analysts, managers, and consultants range between 35,000 and exceed 80,000 Riyals per month, depending on job grade and the size of the managed investment portfolio.
Allowances and financial benefits: Employment packages include a generous housing allowance, transportation allowance, comprehensive medical insurance for the employee and their family, and an annual bonus linked to performance evaluation and institutional achievement.
Continuous professional development: Providing scholarship and external training opportunities at major global financial institutions such as "Wall Street" and European and Asian financial centers.
How to invest in the Public Investment Fund and available participation opportunities
Many individuals and investors wonder about the possibility of injecting their funds directly into the sovereign fund:
Nature of the fund: The fund is a sovereign wealth fund fully owned by the Government of the Kingdom of Saudi Arabia, and it does not allow for the opening of individual investment portfolios for direct deposits.
Investing through listed companies: Citizens and residents can invest in the fund's successes by purchasing shares of major companies in which the fund holds significant stakes and are listed on the Saudi stock market "Tadawul" (such as Aramco, STC, Ma'aden, ACWA Power).
Investment funds linked to sukuk: Subscribing to green sukuk and international bonds regularly issued by the fund, or investment funds managed by licensed banks and financial institutions that invest in the fund's assets and returns.
Opportunities for entrepreneurs and suppliers: The local content platforms of the fund enable small and medium-sized enterprises to enter supply chains and major project tenders.
Table: Comprehensive Identification Card for the Public Investment Fund (PIF)
| Item | Approved official data |
| Official name | Public Investment Fund (Public Investment Fund - PIF) |
| Year of establishment | 1971 (and it was restructured and strategically activated in 2015) |
| Chairman of the Board | His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud |
| Governor of the Fund | His Excellency Mr. Yasser bin Othman Al-Rumayyan |
| Headquarters | King Abdullah Financial Center (KAFD) - Riyadh City |
| Approximate asset size | Exceeds 900 billion USD (more than 3.5 trillion SAR) |
| Approved training programs | Graduate Development Program (GDP), and the Azm Program |
Public Investment Fund contact number and communication channels
The fund is keen to provide official communication channels for general inquiries, corporate partnerships, and media communication:
Official website: pif.gov.sa to learn about periodic financial reports and affiliated projects.
Public Investment Fund Twitter (X) account: the official verified account (@PIFSaudi) to follow the latest deals, news, and announcements of training and employment programs.
Mailing and phone address: you can contact through the unified number and customer service channels at the main headquarters of the fund tower in Riyadh, or via the dedicated email for corporate communication and employment affairs.
Frequently Asked Questions about the Saudi Public Investment Fund
Can an individual citizen open an investment account within the Public Investment Fund?
The fund is a sovereign investment entity that does not accept individual deposits directly, and the benefits from its returns are through investment in its subsidiaries listed on the Saudi stock exchange.
What are the requirements to join the graduate development program at the fund?
It is required to have an accredited university degree with an excellent GPA, proficiency in English, and to pass the evaluation stages and personal interviews scheduled annually.
What role does Yasir Al-Rumayyan play in the fund?
His Excellency Yasir Al-Rumayyan holds the position of Governor of the Public Investment Fund, and oversees the leadership of investment strategies and the expansion of the international and local portfolio.
The Public Investment Fund continues to solidify its position as a leading developmental economic driver shaping the future of sustainable investment in the Kingdom and the world; its programs for empowering youth and developing graduates represent a golden opportunity to build an exceptional career path that aligns with the aspirations of Vision 2030.