PIF Starts 2024 with Impact, After Year of Massive Investments

4th January, 2024
Saudi Arabia’s PIF continues to advance its role in the Kingdom’s economy, championing state capitalism with the acquisition of a 23.1% stake in the Tadawul-listed Middle East Paper Company (Mepco) worth an estimated SAR522 million (US$139 million) based on current share prices.Mepco is a regional supplier of paper-based products for...
Saudi Arabia’s PIF continues to advance its role in the Kingdom’s economy, championing state capitalism with the acquisition of a 23.1% stake in the Tadawul-listed Middle East Paper Company (Mepco) worth an estimated SAR522 million (US$139 million) based on current share prices.Mepco is a regional supplier of paper-based products for...

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