Last updated: June 17, 2018

Saudi fund to invest in owner of Kuwait food firm Americana

Kuwait City skyline at sunset. (Image: Alamy)

* PIF plans to buy a major stake in Adeptio the investment firm controlling Kuwait’s Americana * Deal part of efforts to boost investment in non-oil sectors * Saudi government aims to eventually expand PIF from $ 160bn to roughly $ 2trn   Saudi Arabia’s top sovereign wealth fund, the Public Investment Fund (PIF), plans to buy a major stake […]

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