Saudi PIF to open new offices, hire more employees

13/02/2019 Argaam

 

Saudi Arabia’s Public Investment Fund (PIF) is planning to open new offices in different countries worldwide, managing director Yasir Al-Rumayyan said on Wednesday at a conference in Abu Dhabi.

 

The Kingdom’s sovereign wealth fund will also hire more employees by the end of this year to 700 up from 450 persons today.

 

“PIF’s efforts in renewable energy, entertainment and recycling will contribute to enhancing local content,” Al-Rumayyan added.

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