Saudi Kingdom Holding signs MoU with Korean Investment Corporation

05 Mar 2015

(MENAFN) Riyadh-based Kingdom Holding Company (KHC), signed an MoU with Korea Investment Corporation (KIC), Saudi Gazette reported.

The MoU is set at producing more opportunities in private equity investments and investments exchange between the two countries on the global level.

KHC’s investments in Korea include, among others, deals in the financial sector via Citigroup. Other investments for the Holding Company are set in both Daewoo Corporation and Hyundai Motors.

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