Garafil said these companies are the Public Investment Fund of the Kingdom of Saudi Arabia, Saudi’s sovereign wealth fund, and Jada, one of the kingdom’s biggest investment companies.
In pitching for the MIF, the President told Saudi business leaders that the sovereign fund was designed to drive long-term economic development through increased investments in high-impact sectors. “Maharlika aims to attract capital from both domestic and global equity investors, including large funds in the Middle East seeking to diversify its portfolio in fast-growing emerging markets like the Philippines,” Diokno said.
“It aligns perfectly with our vision of fostering international partnerships and diversifying our sources of investment for the benefit of our people,” he maintained. “We want to connect you to key Saudi investors with impressive success stories to share and with the desire to continue building with international presence by investing with partners across the globe, the Philippines being a key one,” Al-Falih said.
Walang ibang nasa isip ang National University Bulldogs kundi ang sakmalin ang pang-apat na sunod na panalo laban sa Adamson University sa UAAP Season 86 men’s basketball tournament sa UST Quadricentennial...r
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