Saudi wealth fund in talks to buy national airline, Saudia
Saudi Arabia’s sovereign wealth fund, known as the Public Investment Fund (PIF), is reportedly engaged in discussions to purchase Saudia, the kingdom’s national airline.
Saudi Arabia’s sovereign wealth fund, known as the Public Investment Fund (PIF), is reportedly engaged in discussions to purchase Saudia, the kingdom’s national airline.
Bassam Abdulaziz Noor has been appointed as the Chief Executive Officer of SICO Capital in Saudi Arabia.
The fund will set up investment companies in Bahrain,
Iraq, Jordan, Oman, the Republic of Sudan, and Egypt.