Strengthening partnerships with Europe and global investors.
PIF has announced the opening of a new subsidiary company office in Paris, further expanding its global presence and strengthening ties in France, a key international market. This new office highlights PIF’s commitment to working closely with local partners, leading businesses, and institutional investors.
French President Macron joins the opening ceremony
French President Emmanuel Macron, PIF Governor H.E. Yasir Al-Rumayyan, and other senior officials and business figures will attend the opening ceremony, which coincides with the annual “Choose France” event in Paris.
PIF is a long-term investor in some of the world’s most innovative and transformational industries, businesses, and markets. The new Paris office will support PIF in building and deepening partnerships across the region.
$8.6 billion invested in France since 2017
Between 2017 and 2024, PIF invested $84.7 billion across Europe, contributing $52 billion to Europe’s GDP and creating more than 254,000 direct and indirect jobs. This includes $8.6 billion invested in France alone, adding $4.8 billion to France’s GDP and generating 29,000 jobs in the country.
29,000 direct and indirect jobs created in France
The opening of the Paris office aligns with PIF’s strategy to drive global economies and lead Saudi Arabia’s economic transformation. As one of the world’s most impactful investors, PIF has created over 1.1 million direct and indirect jobs both in Saudi Arabia and globally. PIF is committed to building new partnerships with leading international institutions.
Paris office deepens ties with European financial hub
Previously, PIF has established subsidiary company offices in New York, London, Hong Kong, and Beijing. Today, it has approximately 220 portfolio companies worldwide.
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