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Asharq Al-Awsat

Business

Riyadh - Asharq Al-Awsat

Fitch Upgrades Saudi’s PIF Outlook to ‘Positive’

Fitch PIF Saudi Arabia Public Investment Fund Saudi Aramco Oil Kingdom

The Public Investment Fund is one of the drivers of the Saudi national economy (Asharq Al-Awsat)

Ratings agency Fitch on Friday revised the outlook on Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), to "positive" from "stable" following a similar action on the country.

It also affirmed the PIF's rating at "A".

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