2019

Public Investment Fund Regulations issued on May 3, 2019

which provides for additional powers to enable the Fund to achieve its objectives and perform its functions and functions effectively and systematically

Including

The Fund's powers to achieve its objectives and perform its functions and functions under the Regulations include:

1. Investment within and outside the Kingdom, ownership and disposal of assets, including real estate, rights in kind, stakes, securities, foreign currencies, commodities and derivatives.

2. Establishment of companies and other enterprises with special purposes inside and outside the Kingdom, and participation in them alone or with others.

3. Lending and other forms of financing.

4. Loan contract and other forms of indebtedness, including the issuance of instruments and bonds.

5. Issuing guarantees to companies and enterprises with other special purposes owned or contributed to.

6. Conclude conventions and memorandums of understanding relevant to its activity with relevant stakeholders in States and international organizations.

7. Any other activity or work approved by the Board in order to achieve the Fund's goals and consistent with the nature of its work.

All these powers have achieved their objective of facilitating the expansion of the Public Investment Fund projects and investments as well as increasing the organization of its work.