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RIYADH: Outsourcing by businesses in Saudi Arabia is expected to reach $5.7 billion by the end of 2027 thanks to a Compound Annual Growth Rate of 10 percent, according to a new report. Research by the Boston Consulting Group in collaboration with Forward MENA, previously known as Beirut Digital District Academy, believes the Kingdom is now a “hot spot” for job outsourcing, and

PIF signs $15 billion multicurrency revolving credit facility March 10, 2021 RIYADH — The Public Investment Fund (PIF) has signed a $15 billion multicurrency revolving credit facility agreement with a group of 17 leading global financial institutions from Asia, Middle East, Europe, the United Kingdom and the United States. The PIF said in a statement Wednesday that loans and debt instruments are one of PIFs four sources of funding as part of its...