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Website. pif.gov.sa. The Public Investment Fund (PIF; Arabic: ุตูุฏูู ุงูุงุณุชุซู ุงุฑุงุช ุงูุนุงู ุฉ) is the sovereign wealth fund of Saudi Arabia. It is among the largest sovereign wealth funds in the world with total estimated assets of US$ 925 billion (£ 726.3 billion). [ 2 ] It was created in 1971 for the purpose of investing funds ...
Saudi Exchange (Arabic: ุชุฏุงูู ุงูุณุนูุฏูุฉ ) or Tadฤwul (Arabic: ุชุฏุงูู ) is a stock exchange in Saudi Arabia. Tadฤwul was formed in 2007 as a joint stock company and the sole entity authorized to act as a securities exchange in Saudi Arabia, but trading began in 1954 as an informal financial market. It continued as such ...
The company was re-branded as Amazon and its infrastructure was used to expand Amazon's online platform in the Middle East. [143] Amazon also has investments in renewable energy and plans to expand its position into the Canadian market through an investment in a new plant in Alberta. [144]
Without the records, it’s not clear how long the mayor stayed in Saudi Arabia, or what he did there. For more than a week, his social media accounts featured only pre-packaged material about Miami.
Al Rajhi Bank was founded in 1957, and is one of the largest banks in Saudi Arabia, with over 9,600 employees and $88 billion in assets. The bank is headquartered in Riyadh, and has over 600 branches, primarily in Saudi Arabia, but also in Kuwait, and Jordan, with a subsidiary in Malaysia. The bank was started by four brothers, Saleh, Sulaiman ...
The economy of Saudi Arabia is the second-largest in the Middle East and the seventeenth-largest in the world. [6] The Saudi economy is highly reliant on its petroleum sector. Oil accounts on average in recent years for approximately 40% of Saudi GDP and 75% of fiscal revenue, with substantial fluctuations depending on oil prices each year.
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