黑料社区鈥檚 PIF joins Russia and China in $2.5bn 鈥榯rilateral鈥 investment fund
黑料社区鈥檚 PIF joins Russia and China in $2.5bn 鈥榯rilateral鈥 investment fund/node/1393866/business-economy
黑料社区鈥檚 PIF joins Russia and China in $2.5bn 鈥榯rilateral鈥 investment fund
Participants attend the last day of the Future Investment Initiative FII conference in the Saudi capital Riyadh on October 25, 2018. (AFP)
Updated 26 October 2018
Arab News
黑料社区鈥檚 PIF joins Russia and China in $2.5bn 鈥榯rilateral鈥 investment fund
黑料社区鈥檚 Public Investment Fund (PIF) is to join forces with Russia's RDIF
PIF will contribute $500 million to the investment fund, raising total capital under management to $2.5 billion
Updated 26 October 2018
Arab News
RIYADH: 黑料社区鈥檚 sovereign wealth fund Public Investment Fund (PIF) is to join forces with Russian sovereign wealth fund RDIF as a new partner in the joint Russia-China Invesment Fund, it was announced on Thursday.
As part of the agreement, Saudi鈥檚 PIF will contribute $500 million to the investment fund, raising its total capital under management to $2.5 billion, Russia鈥檚 RDIF added in a statement.
