Saudi’s PIF to flex its financial muscle
Interview with the secretary general of the Public Investment Fund.
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Mansour Al Maiman: IPOs are a priority |
One piece of research recently claimed that a private investor had bought an undisclosed stake in banking group Samba Kingdom Holding, the investment vehicle of Prince Alwaleed bin Talal, the Middle East’s richest man. The sale was despite Samba being one of Alwaleed’s oldest investments. Euromoney has learnt that in fact the buyer was part of the Saudi government: the Public Investment Fund.
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