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PIF and Bpifrance sign $10bn MoU to enhance financial cooperation
Dec 05, 2024•over 1 year ago
Contract Type
partnership
Riyadh RegionFinancial Services
Description
PIF and Bpifrance Assurance Export have signed a memorandum of understanding valued at $10 billion to boost financial cooperation between Saudi Arabia and France. The collaboration aims to support sectors central to Saudi Arabia’s Vision 2030, promoting economic diversification and reducing reliance on oil.
Company Information
Company
Public Investment Fund (PIF) and Bpifrance Assurance Export
Location
Riyadh Region, Saudi Arabia
About
PIF is the sovereign wealth fund of Saudi Arabia, working to transform and diversify the Saudi economy. Bpifrance Assurance Export is a public investment bank and subsidiary of Bpifrance, focusing on supporting French companies in their international activities.
Predictive Intelligence
Strategic
ML-powered predictions for Public Investment Fund (PIF) and Bpifrance Assurance Export's next move
Riyadh RegionFinancial Services