Saudi Arabia: PIF looks to raise funds

Issue 1119 - 04 Feb 2021

Crown Prince Mohammed Bin Salman (MBS)’s favoured vehicle the Public Investment Fund (PIF) is exploring fund-raising avenues to support its ambitious investment drive. While international investor interest in the kingdom remains muted, PIF is likely to bear the bulk of the initial costs of many of the megaprojects planned or under way around the kingdom.

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