Armenian economy minister, Saudi sovereign wealth fund executives discuss investments

Armenian Minister of Economy Gevorg Papoyan met with the leadership of Saudi Arabia’s Public Investment Fund (PIF) in Riyadh.

“The Public Investment Fund (PIF) is Saudi Arabia’s sovereign wealth fund and one of the largest in the world, managing over USD 900 billion in assets. The fund invests in technology, infrastructure, energy, tourism, and sports, and is among the five largest sovereign wealth funds globally. During the meeting, we discussed potential opportunities for the fund to invest in Armenia,” Papoyan said on Facebook.