Saudi Arabia’s Public Investment Fund had the kind of year that can be read two ways: strong headline profit and asset growth, alongside surging liabilities and a multi-billion-dollar comprehensive loss.Profit reached US$17.4 billion, up 152.5%, operating profit more than doubled to US$20.8 billion, and total revenue rose to US$120.0 billion....
Saudi Arabia’s Public Investment Fund had the kind of year that can be read two ways: strong headline profit and asset growth, alongside surging liabilities and a multi-billion-dollar comprehensive loss.Profit reached US$17.4 billion, up 152.5%, operating profit more than doubled to US$20.8 billion, and total revenue rose to US$120.0 billion....