Saudi Investment Firm to Establish Trade Zone Aimed at Strengthening Ties with China

Saudi Investment Firm to Establish Trade Zone Aimed at Strengthening Ties with China
2 months ago

In a strategic move to bolster economic relations between Saudi Arabia and China, a firm backed by the Saudi Public Investment Fund (PIF) has announced plans to develop a new trade zone. This initiative is designed to enhance trade and business collaboration between the two countries, reflecting a broader intention to strengthen economic partnerships amidst global shifts in trade dynamics.

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Saudi Fund Reduces Nintendo Stake While Eyeing Expansion Plans

Saudi Fund Reduces Nintendo Stake While Eyeing Expansion Plans
3 months ago

In a significant reshuffle of its investment portfolio, the Saudi Public Investment Fund (PIF) has decided to trim its stake in Nintendo, the renowned Japanese video game company. This move has sparked interest among investors and analysts alike, as the PIF earlier signaled its intent to diversify its investments and seek further opportunities in the gaming industry.

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