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Saudi PIF-owned ADES secures $1.6bln from banks
ADES Arabia Holding, a company owned by Saudi Arabia’s Public Investment Fund, has secured a $1.6 billion loan from a group of banks. The PIF-owned company made this announcement at a press conference in Riyadh on Monday. It obtained the syndicated loan from the Saudi National Bank, Riyad Bank, Banque…
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