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Saudi is loading up on Chinese energy storage systems
ALSO- Bloomberg sheds some light on PIF investments to bring in big EV players to the Kingdom
Acwa Power’s SAR 7 bn rights issue is pending shareholder approval. PLUS: D360 Bank approves SAR 450 mn capital increase
The move is part of the company’s strategy to triple its AUM by 2030
PIF-Backed Humain to launch USD 10 bn AI VC fund this summer
Humain is seeking a US tech partner for its data center business
PIF rumored to be planning “Project Paradise” + Budget no longer driven by oil, Economy Minister says
PLUS: Dkhoun's share price drops on Nomu debut
PIF sets up new office in Paris + Alinma Bank has its eyes on USD-denominated AT1 securities
PLUS: Neom Sports Club gets promoted to Roshn Saudi League
PIF Governor raises concerns over EU sustainability regs
PLUS: I Squared Capital to invest over USD 1 bn in the Kingdom
Neom taps Aiman Al Mudaifer as CEO, Managing Director
ALSO: PIF announced two senior leadership changes following the appointment of Aiman Al Mudaifer
Syria’s World Bank debts paid up
PLUS: PIF to collaborate with BlackRock, Northern Trust on investments
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