Jordanian ambitions, Saudi funds: A look at Saudi investments in Jordan

In addition to investing billions in the domestic economy, Saudi Arabia’s Public Investment Fund (PIF) has also made smaller and less eye-catching investments in other countries in its neighborhood. These investments can not only foster knowledge exchanges to help diversify the Saudi economy, but they’re also important tools of economic statecraft as Riyadh strengthens its position around the Red Sea and in the Levant….