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Asharq Al-Awsat
Asharq Al-Awsat
Business
Riyadh - Asharq Al-Awsat

Saudi Arabia’s PIF Establishes Aseer Investment Company

PIF AIC Saudi Arabia
Aseer Investment Company will unlock a wide range of investment opportunities for domestic and international investors. (Public Investment Fund)

The Saudi Public Investment Fund announced on Thursday the establishment of Aseer Investment Company (AIC) to operate as its investment arm in the Aseer region, south of Saudi Arabia.

The new company will promote and stimulate local and foreign direct investment to develop and transform the region into a year-round tourism destination.

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