- PIF ranked first globally among sovereign wealth funds in 2025, with spending of $36.2 billion, marking an 81% increase compared to 2024.
- The fund’s $28.8 billion acquisition of Electronic Arts granted it a 93% majority stake, reshaping the global gaming industry.
- PIF’s shift from domestic investments to global expansion reflects Saudi Arabia’s strategy to build a $3 trillion sovereign fund by 2030.
Saudi Arabia’s Public Investment Fund (PIF) ranked first globally among sovereign wealth funds in terms of spending in 2025, with total investments reaching $36.2 billion, according to a report by research and advisory firm Global SWF.
This represents an 81% increase compared to the fund’s spending in 2024, highlighting a clear strategic shift in its global investment approach.
From Local Focus to Global Expansion
In 2024, PIF concentrated heavily on domestic investments to support Saudi Arabia’s economic diversification agenda and the development of new local industries.
However, 2025 marked a decisive pivot toward global markets, with the fund actively pursuing international opportunities—particularly in digital and technology-driven sectors.
A Landmark Deal in the Gaming Industry
At the core of this investment surge lies a transformative acquisition: PIF’s takeover of global gaming giant Electronic Arts in a deal valued at $28.8 billion, granting the fund a dominant majority stake.
The acquisition, approved by the company’s shareholders last week, will give PIF a 93% ownership stake, including a previously held 10%. The deal sent shockwaves through the global gaming industry and signaled Saudi Arabia’s full-scale entry into the digital entertainment sector.
Digital Economy as a Strategic Priority
This move aligns with Saudi Arabia’s broader ambition to reshape the global digital economy and position entertainment technology as a core growth engine. The strategy supports the Kingdom’s long-term goal of transforming PIF into a $3 trillion investment powerhouse by 2030.
Assets Surpass Expectations
With total assets now exceeding $1.15 trillion, PIF has already achieved its target for the year.
Yasir Al-Rumayyan, governor of the fund, had previously projected in September that PIF’s assets would surpass $1 trillion before year-end—a milestone that has now been realized amid accelerating global investments.
