The Saudi Public Investment Fund is an economic financial fund that specializes in financing commercial projects to develop the Saudi economy and provides the basic ingredients for its development.

The Saudi Public Investment Fund was established with the approval of a royal decree in 1971, and in 2014 the Council of Ministers granted it the necessary powers to finance projects and establish new companies inside and outside the Kingdom without prior permission, and the management of the investment fund seeks to diversify government resources, government income, and economic sectors, and contribute to opening horizons and opportunities New economic strategy.

The objectives of the public investment fund are as follows:
Investment financing for commercial productive projects.
Development of the national economy and diversification of income sources.
- Supporting the role of the private sector and enabling it to develop and strengthen the Saudi economy.
Strategic planning towards investments.
Influencing the future of the global economy.

There are 4 main financing sources for the investment fund:
The money that the state pumps into the fund.
- Government-owned assets that were transferred to the Fund.
Returns on investments.
Loans.

Among the most important projects of the Public Investment Fund are Saudi refineries, refineries and lubricating oil industry, storage depots for petroleum products, crude oil distribution pipelines, export refineries, iron and steel factories, fertilizer factories, petrochemical plants, purchase of aircraft for Saudi Arabian Airlines, holy feelings projects , Al-Elm Company, Thiqa Business Services Company, and Saudi Railways Company.