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The Public Investment Fund of Saudi Arabia purchased an 80% stake in Newcastle United [1]. The 2021 takeover of Newcastle United F.C. by a consortium of the Saudi Public Investment Fund (PIF), PCP Capital Partners, and the Reuben Brothers was a takeover proceeding that commenced in April 2020 and was successfully concluded in October 2021.
Neom (styled NEOM; Arabic: نيوم, romanized: Niyōm, Hejazi Arabic pronunciation: [nɪˈjo̞ːm]) is an urban area being built by Saudi Arabia in Tabuk Province.Launched in 2017 by crown prince Mohammad bin Salman, the site is at the northern tip of the Red Sea, due east of Egypt across the Gulf of Aqaba and south of Jordan.
The Public Investment Fund (PIF; Arabic: صندوق الاستثمارات العامة) is the sovereign wealth fund of Saudi Arabia.It is among the largest sovereign wealth funds in the world with total estimated assets of US$925 billion (£726.3 billion). [2]
Saudi Arabia is the only country with a coastline along both the Red Sea and the Persian Gulf, and most of its terrain consists of arid desert, lowland, steppe, and mountains. The capital and largest city is Riyadh; other major cities include Jeddah and the two holiest cities in Islam, Mecca and Medina.
The Line (stylised THE LINE; Arabic: ذا لاين) is a linear smart city under construction in Saudi Arabia in Neom, Tabuk Province, which is designed to have no cars, streets or carbon emissions. [2][3] The city is one of the nine announced regions of Neom and is a part of Saudi Vision 2030 project, which Saudi Arabia claims will create ...
By March 2017, Souq.com had localized operations in Saudi Arabia, United Arab Emirates, and Egypt, [7] which as of 2014 equated to semi-automated modern fulfillment centers in the United Arab Emirates, Saudi Arabia, Kuwait, and Egypt, measuring a total of 35,000 square meters. At the time the company had employed around 2,500 employees in ...
The initiative aims at increasing Riyadh 's green space per capita via planting 75 million trees all around the city by 2030. The initiative oversees Saudi Arabia's 2060 net-zero carbon emission goals and the transition to a green economy through emissions reduction, afforestation, and land and sea protection.
Danube Company Limited. (Chairman), Ahmad AR. BinDawood (CEO) Danube Company Limited is a supermarket and hypermarket chain in Saudi Arabia. It is owned by BinDawood Holding, the grocery retail operator of hypermarkets and supermarkets in Saudi Arabia. [2] Since becoming part of BinDawood Holding in 2001, Danube has grown to 47 [3] current ...