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FinancialNews
03-11-19
FII ends with 26 deals worth USD20b
(MENAFN) Thursday was the last day of the third Future Investment Initiative (FII) by the Saudi Arabian General Investment Authority with 26 agreements worth USD20 billion.
The "Invest Saudi" platform witnessed the signing of two agreements on Thursday between Triple Five and the Saudi Real Estate Company in addition to an agreement between the American company Sprinkler and Samaat.
The first agreement between Samaat and Spencer included a collaboration to exchange and transfer experiences between the two parties in the areas of management of social networking platforms, raise the efficiency of digital visibility of customers, in addition to improving customer experiences in digital services.
The second agreement was signed between Alakaria and the US Triple 5 included international cooperation to develop the biggest entertainment shopping center in Al Widyan project in Riyadh. The project would encompass shopping centers, water gardens, entertainment, and sports center in addition to multi-service centers.
MENAFN0311201900450000ID1099213956
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