PIF sets up Saudi-Bahraini Investment Co., says Al-Falih

Minister of Investment Khalid Al-Falih

Saudi Minister of Investment Khalid Al-Falih said that the Public Investment Fund (PIF) has completed the establishment of the Saudi-Bahraini Investment Co., with a capital of about SAR 18 billion ($5 billion). 

 

The establishment of the company's main offices will be announced soon, the minister said on the sidelines of the meeting of the Saudi-Bahraini Coordination Committee in the fields of investment, environment and infrastructure. 

 

Al-Falih also noted that the committee discussed about 13 initiatives, a number of which have been completed, while some are still under implementation.  

 

They are qualitative initiatives with a significant economic impact, the most important is the launch of the above-mentioned company, he stated. 

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.


Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2024, Argaam Investment, All Rights Reserved
Call Request