Riyadh – Mubasher: Assets held by Saudi public investment funds increased by 31.1% on a year-on-year (YoY) basis during 2020 or by SAR 49.77 billion.
Total local and foreign assets of Saudi public investment funds hiked to SAR 209.72 billion by the end of last year, compared to SAR 159.96 billion in 2019, according to data collected by Mubasher based on official figures.
Local assets represented 71.31% of the funds’ total assets by 2020 year-end, while foreign assets made up the remaining 28.69%.
