PIF
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Posted On News
Saudi Arabia welcomes private funds for $64bn logistics projects
Saudi Arabia has more than SAR240 billion ($64 billion) of logistics projects underway and planned, most of which are open to private sector investment, a…
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Ceer strikes $145m deal with Sabelt for EV sports seats
Ceer, Saudi Arabia’s first electric vehicle (EV) brand, has struck a SAR543 million ($145 million) deal with Italy’s Sabelt to develop sports seats for its…
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Riyadh Air in talks to buy 50 more widebody aircraft
Saudi Arabian airline Riyadh Air, backed by the Public Investment Fund (PIF), is in talks with US and European planemakers for 50 additional widebody aircraft, according to…
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Ma’aden signs $1bn contracts to develop industrial cities
Saudi mineral giant Ma’aden has signed three contracts worth a combined $922 million with foreign companies to develop a third phosphate fertiliser project. The majority…

Liyana Parker
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