Global Trade Alert
Global Trade Alert

Saudi Arabia: The PIF provides USD 24.5 million to Ma’aden for the establishment of a new firm

Announcement

11 Jan 2023

In the month of January 2023, the PIF announced a 49 percent equity investment in a new firm owned by Ma'aden.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

11 Jan 2023

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 11 January 2023, the Public Investment Fund (PIF) announced an equity investment of 49 percent in a joint venture with the Saudi Arabian Mining Company (Ma’aden) for the establishment of a new comp...

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