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[SITUATION] · [ACTIVE] · [BUSINESS]
2 clusters · 8 sources · 8 days · First seen · Last updated
Saudi Arabia international investment activities
Overview
Saudi Arabia is pursuing diverse international investment strategies through its Public Investment Fund (PIF) and private sector partnerships.
In Italy, the PIF secured approximately $3 billion in credit facilities, supported by guarantees from Italy’s export credit agency, SACE. This financing includes a green tranche intended for projects under the fund’s Green Finance Framework, aiming to bolster cooperation in manufacturing, technology, and construction.
Simultaneously, Saudi and Pakistani investors have agreed to launch a multi-million dollar private equity fund to enhance bilateral commercial ties. Managed through the Saudi-Pakistan Joint Business Council, the fund will allocate 75% of its capital to Pakistani sectors such as agriculture, mining, and infrastructure, while the remaining 25% will target projects in Saudi Arabia, including potential investments in Makkah and Madina.
Entities
Saudi Arabia · Saudi-Pakistan Joint Business Council · Prince Mansour bin Mohammad Al Saud · Shehbaz Sharif · SACE
Timeline
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[BUSINESS] 7 sourcesSaudi and Pakistani investors launch multi-million dollar fund
Saudi and Pakistani investors are launching a multi-hundred million dollar private equity fund to target infrastructure, agriculture, and industrial sectors in both nations.
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[BUSINESS] 2 sourcesSaudi Arabia's PIF secures $3 billion in financing for Italian business ties
Saudi Arabia’s Public Investment Fund has raised $3 billion in SACE-backed financing to bolster business cooperation and green projects with Italian suppliers and industries.
Sources
agenparl.eu · arabisklondon.com · arabnews.pk · arynews.tv · econoTimes.com · etv.me · gulfnews.com · leaders-mena.com