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Saudi's PIF invests $1.3bn in four local construction companies

The transactions are part of the fund's strategy to enable the kingdom's strategic sectors ....

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Saudi Arabia's PIF invests $1.3bn in four local construction companies

RIYADH: Saudi Arabia’s sovereign wealth fund has invested a total of $1.3 billion in four local construction companies, as part of the fund’s capital increase initiatives. The Public Investment Fund has acquired stakes in Nesma & Partners Contracting Co., El Seif Engineering Contracting Co., AlBawani Holding Co., and Almabani General Contractors Co., according to a press ....

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PIF plans $1.3bn investment in major Saudi construction firms

Saudi sovereign wealth fund PIF (Public Investment Fund) plans to make a total investment of $1.3 billion in four leading local construction companies - Nesma & Partners, ElSeif Engineering Contracting, AlBawani Holding and Almabani General Contractors. ....

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PIF announces investments in 4 leading companies in construction services sector

These firms are: Nesma & Partners Contracting Company, ElSeif Engineering Contracting Company, AlBawani Holding Company, and Almabani General Contractors Company. ....

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