News tagged "Public investment fund (pif)"

Saudi Arabia to privatise over 20 local companies in 2019

Saudi Arabia to privatise over 20 local companies in 2019

8th October 2018

According to *Constructionweekonline news report, a Tesla showroom could come to Saudi Arabia in the next two years as tech giant Apple readies to enter the country “soon”, while more than 20 local companies are privatised in 2019, the country’s Crown Prince Mohammed bin Salman said in an interview with Bloomberg that was published earlier this week.[..]

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Saudi's PIF announces launch of Amaala

Saudi's PIF announces launch of Amaala

27th September 2018

According to *Tradearabia news report, the Public Investment Fund (PIF) of Saudi Arabia has announced the launch of Amaala, which will become an uber-luxury destination on the north-western coast of the kingdom. It aims to create an all-new concept for ultra-luxury tourism focusing on wellness, healthy living, and meditation.[..]

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