FINANCIAL NEWS

Saudi’s Kingdom Holding, French group to share USD150m investment

28 Jun 2015

(MENAFN) A French group of firms is set to dedicate a USD150 million investment in Saudi Arabia’s Kingdom Holding, according to a corporate statement, Reuters reported.

Among the investors are Aeroports de Paris, insurer AXA, construction group Eiffage and Caisse des Depots (CDC), according to French corporate statements.

The move will enable the companies to “increase their economic presence in Saudi Arabia”, CDC added in the statement.

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