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Logistics (MENA) 
PIF making a play for up to half of Selfridges
The PIF already owns a 10% stake in Selfridges’ properties
PIF partners with Chinese manufacturers to make components for the wind and solar energy here at home
The Kingdom is seeking the localization of the production of 75% of renewable energy components by 2030
Emerging markets recover from post-pandemic lows despite high US interest rates
Plus: Pakistan is getting a USD 7 bn loan from the IMF
Al Jomaih unit reaches SAR 14.6 bn financial close achieved for Taiba 2, Qassim 2 power plants
The consortium secured c. USD 3.9 bn in financing
Diriyah’s USD 2 bn contract for mixed-use district is its largest award to date
Construction work is set to begin starting Q3 this year
Beijing wants more of PIF’s green investments
Good morning, friends. We’re sliding into the weekend with an Aramco-strong news cycle, with updates on both its secondary offering…
Saudi investors commit USD 100 mn to Gulf Islamic Investments
Al Nahdi Medical gives Gulf Islamic Investment a boost: Saudi investors committed USD 100 mn to Dubai-based Shariah-compliant investment firm…
PIF’s Neo Space Group names CEO
Blanken was the CEO of Exa Infrastructure
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