Money and business

Promising opportunities…a new partnership between the Investment Fund and Mizuho in Tokyo

The Public Investment Fund invests in the Tokyo-based Mizuho ETF, which is dedicated to investing in…
Yazid Al-Humaid, Deputy Governor and Head of the General Administration of Investments in the Middle East and North Africa in, said that Tokyo is a global financial center and has an important place in the Public Investment Fund’s strategy to enable investors’ access to the financial market in the Kingdom.

Public Investment Fund Partnerships

He continued: “Our partnership with Mizuho and the launch of the ETF will contribute to providing promising opportunities for Japanese investors in the Saudi stock market, which is one of the most rapidly growing financial markets.”

The launch and listing of the new ETF is an important achievement to enable greater access to the Saudi stock market, which is witnessing a great diversity of investment opportunities.

Hotel Management Company (ADERA)

Two days ago, the Public Investment Fund launched the hotel management company (ADERA).
The new company will specialize in managing and operating hotels, combining the highest standards of the sector with the authenticity of Saudi hospitality.
ADERA is working to be a leading national company that leads the hospitality sector in the Kingdom and contributes to enhancing the expertise and skills of national competencies.

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