Middle-east Arab News Opinion | Asharq Al-awsat

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The Public Investment Fund.

Saudi Economy on New Threshold of Growth following Diversification of Investments

by Shuja Al-Baqmi | Oct 4, 2017 | Saudi Arabia

Riyadh – The mega projects in Saudi Arabia announced by the Public Investment Fund (PIF) have become a new frontier on the country’s investment map. These mega projects, announced by one of the world’s biggest investment funds, carry great opportunities...

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Saudi Arabia to Launch Future Investment Initiative

by Shuja Al-Baqmi | Sep 19, 2017 | Business

Riyadh- The Public Investment Fund of the Kingdom of Saudi Arabia (PIF) on Monday announced the launch of the Future Investment Initiative (FII) under the patronage of Custodian of the Two Holy Mosques King Salman. Hosted and organized by PIF, the Kingdom’s main...

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The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File photo

PIF, SoftBank to Launch Robotic Systems Initiative

by Asharq Al-Awsat | Sep 7, 2017 | Business

Riyadh- The Public Investment Fund (PIF) and Japan’s Softbank Group plan to jointly study how robots can be used more effectively in government, business and society. In the coming months, PIF and the Japanese technology firm will establish partnerships for the...

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Saudi Arabian Military Industries (SAMI) logo.

SAMI … an Addition to the Saudi Economy

by Shuja Al-Baqmi | May 19, 2017 | Business

Riyadh – Saudi Arabia is close to introducing an addition to the national economy following the Public Investment Fund’s (PIF) announcement on Wednesday of the establishment of the Saudi Arabian Military Industries (SAMI), a new national military industries...

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Mohamed Alabbar had said the website would launch with up to 20 million products. Karim Sahib / AFP

Alabbar: E-commerce Noon Launch on Track

by Asharq Al-Awsat | May 17, 2017 | Business

Dubai- Dubai businessman Mohamed Alabbar has confirmed that the e-commerce site Noon “is on track to launch this year.” He said in a statement that “all the feedback we received from our early customers has allowed us to test and refine our technology and fulfillment...