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The Public Investment Fund of Saudi Arabia (Public Investment Fund – PIF) is a sovereign wealth fund established in 1971 and structurally repositioned in 2015. The fund is directly managed by the Crown Prince of Saudi Arabia through the Council of Economic and Development Affairs (CEDA) to which it is affiliated. As part of Vision 2030 announced in 2016, PIF has been activated as a key driver in strategic transformation areas of the economy and has become one of the primary implementers of this