Hedge Funds & Alternative Investments
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Saudi Arabia’s PIF completes acquisition of 23.08% stake in Saudi Re
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, has completed the acquisition of a 23.08 per cent stake in Saudi Reinsurance Company (Saudi Re), a deal that is set to enable the company to scale up domestic capacity to meet rapid local growth and strengthen the kingdom’s insurance sector….
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Click here to read the full story: Gulf Business