Riyadh, December 14, 2025 – Ambassador of Kazakhstan to Saudi Arabia Madiyar Menilbekov met with the Senior Director at the Public Investment Fund Mulham Al-Bakree.

During the conversation, special attention was paid to the implementation of joint investment projects.

In this context, M.Menilbekov informed about the Kazakhstan’s investment potential and socio-economic development, and presented country’s investment opportunities in priority economic sectors.

In turn, the leadership of the Fund noted Kazakhstan’s high investment potential and expressed interest in expanding investment cooperation with the Kazakh side.

Following the meeting, the parties agreed on further steps to develop investment interaction.

According to the Sovereign Wealth Fund Institute, the total assets of the Public Investment Fund, established in 1971, amount to approximately $1 trillion and the Fund ranks 6^th in terms of assets among sovereign wealth funds in the world.

Source : https://www.gov.kz/memleket/entities/mfa-riyadh/press/news/details/1125273?lang=kk