Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Saudi Arabia’s Public Investment Fund is set to cut back on lending to domestic projects, which has increased by more than 80 percent over the past five years, as part of plans to transform the institution into the world’s largest sovereign wealth fund. Loans by the PIF, as the fund is known, rose to 104 billion riyals ($27.5 billion) at the end of 2015, from 57 billion riyals at the end of 2011,...