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Al-Rumyan: Our purchases and investments in Europe reached 85 billion dollars.. and we expect it to rise to 170 billion dollars.
Yasser Al-Rumyan, Governor of the Public Investment Fund, stated that the fund has invested approximately 85 billion dollars in Europe from 2017 to 2024, through investments and purchases.
Al-Rumyan added during a session at the European Priority Summit organized by the Future Investment Initiative, that the fund expects to continue investing in Europe, reaching a value of 170 billion dollars by the end of 2030.
He mentioned that the economic impact of these investments and purchases amounted to 52 billion dollars in the GDP of Europe, expecting it to exceed 100 billion dollars by 2030.