The Public Investment Fund (PIF) stands as one of the most influential sovereign wealth funds globally.
It plays a pivotal role in driving Saudi Arabia's economic transformation and diversification, while also contributing to the evolution of the global economy. PIF is committed to building a diversified portfolio by engaging in attractive, long-term investment opportunities across 13 strategic sectors both within Saudi Arabia and internationally.
As outlined in the PIF Program 2021-2025, a key component of the Saudi Vision 2030 realization programs, PIF's strategy focuses on empowering promising sectors and enhancing local content through partnerships with the private sector. PIF is dedicated to transferring technologies and localizing knowledge to foster a prosperous and sustainable domestic economy. As Saudi Arabia's investment arm, PIF seeks to forge strategic alliances and partnerships with esteemed international institutions and organizations, thereby generating substantial long-term value for Saudi Arabia in alignment with the Saudi Vision 2030 objectives.
For more information about PIF, please visit:www.pif.gov.sa
ArcelorMittal is the world's leading steel and mining company, with operations in 60 countries and primary steelmaking facilities in 16 countries.
In 2022, the company reported revenues of $79.8 billion, with crude steel production reaching 59.0 million metric tonnes and iron ore production at 45.3 million metric tonnes.
Our mission is to produce increasingly innovative steels that offer significant benefits for both people and the planet. We are committed to developing steels through processes that consume less energy, emit significantly less carbon, and reduce costs. Our steels are designed to be cleaner, stronger, and reusable, catering to the needs of electric vehicles and renewable energy infrastructure, thereby supporting societal transformation throughout this century.
With steel at our core, our inventive workforce and entrepreneurial spirit drive us to support global change. This vision defines what it means to be the steel company of the future. ArcelorMittal is publicly traded on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT), and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid, and Valencia (MTS).
For more information about ArcelorMittal, please visit: http://corporate.arcelormittal.com/