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Infrastructure 
Neom taps Aiman Al Mudaifer as CEO, Managing Director
ALSO: PIF announced two senior leadership changes following the appointment of Aiman Al Mudaifer
Saudi + UAE SWFs led regional M&A activity in 2024
Cross-border transactions accounted for 74% of total M&A value in the region
PIF backs Mizuho’s launch of the largest Saudi equity ETF on TSE
PLUS: The Saudi Electricity Company secured a USD 3.6 bn syndicated loan
Saudi + UAE led the MENA region’s M&A activity in 9M 2024
The Kingdom recorded the largest disclosed domestic transaction in the region
PIF signs USD 51 bn-worth of MoUs with Japanese banks
Similar agreements were signed with Chinese banks in August
More PIF debt
This would be the fourth time this year the PIF taps the bond market
PIF assets under management rose 29% to SAR 2.9 tn in 2023
The fund is targeting SAR 4 tn AuM by the end of next year
PIF inks MoUs worth up to USD 50 bn with Chinese banks to ramp up capital flows between Riyadh, Beijing
The agreements were signed with six banks