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FinancialNews


  • 26-11-17

    First phase of King Abdullah Financial District to be launched soon

    (MENAFN) With plans to host the G-20 meeting there in 2020, the first phase of the King Abdullah Financial District project is due to be launched next year, Arab News reported.

    Since 2006, a business hub worth USD10 billion has been under construction in Riyadh, King Abdullah Financial District, and will soon get a fresh lease of life under the management of the kingdom's sovereign wealth fund, it said.

    The Public Investment Fund (PIF) has finalized a deal to take over the management of the King Abdullah Financial District from the Public Pension Agency, the report stated.

    MENAFN2611201700450000ID1096147129

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