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PIF’s shift in strategy is still making the rounds in the foreign press
Some 76% of the fund’s assets are in local investments
Saudi looks to strengthens ties with Uruguay
A fresh MoU to create a joint business council.
Four firms contracted to develop King Salman International Airport
Al Modawat Specialized Medical is set to establish an investment arm in Egypt + Egypt-based Biogrand to set up a…
PIF pivots its focus to domestic growth
Some 76% of the fund’s assets are in local investments
Dallah Healthcare to acquire two Ayyan Investment healthcare subsidiaries
The agreement will see Dallah issue 3.9 mn new shares to Ayyan valued at SAR 660 mn
Saudi eyes Asian investors to ramp up foreign investments
Some 60% of the Kingdom’s total FDI inflows comes from existing investors
PIF plans new freight airline to take on rival Gulf airlines
PLUS: Saudi’s steel industry is getting a shot in the arm from national giga-projects
Asas closes a SAR 1.2 mn pre-seed funding round
The funding round was led by angel investor Abdulrazzaq Mohammed Al-Ansari.
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