Macquarie Plans Office in Saudi Arabia Following PIF Agreement

Reported about 18 hours ago

Macquarie Asset Management is looking to establish an office in Saudi Arabia after signing a preliminary agreement with the Public Investment Fund (PIF) to enhance investments in the country. The Memorandum of Understanding will focus on joint ventures in areas such as digital infrastructure and energy storage, contributing to Saudi Arabia's Vision 2030 initiative aimed at reducing oil dependency and attracting foreign investments.

Source: YAHOO

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