Saudi Arabia's Public Investment Fund (PIF) has announced its 2026-2030 strategy aimed at boosting returns and transforming portfolio companies into global champions. Governor Yasir Al-Rumayyan highlighted that the strategy, which divides investments into three portfolios—vision, strategic, and financial—represents a crucial evolution for the $1 trillion fund. The PIF plans to focus on six priority ecosystems: tourism, urban development, advanced manufacturing, clean energy, and Neom, a planned city in the northwest of Saudi Arabia. The fund has established around 100 companies, including Riyadh Air and artificial intelligence firm Humain, and is looking to attract outside investors through public offerings. Despite challenges posed by the ongoing Iran conflict, the PIF intends to increase its annual capital deployment to $70 billion after 2025 and aims to grow its assets to about $2.7 trillion by 2030. Al-Rumayyan confirmed that while there are delays in some projects, there are no cancellations, as the PIF prepares for major events like the 2030 World Expo and 2034 FIFA World Cup.