The Investment Fund and Foster & Partners are exploring real estate cooperation opportunities
The Public Investment Fund and the company signed "Foster & Partners"A pioneer in the field of sustainable urban development, today, Wednesday, a non-binding memorandum of understanding to explore cooperation opportunities available in the Saudi market.
This cooperation contributes to strengthening the Fund’s strategy in Specific projects in the Kingdom, most notably Al-Faisaliah Tower, Shura Island, Al-Haramain train stations, and the new Abha Airport.
It is noteworthy that, on the first of this December, the Public Investment Fund obtained an A-1 short-term credit rating from the Standard & Poor’s global credit rating, with a stable future outlook, which reflects the strength of its financial position, the quality of liquidity and governance levels, and is consistent with the Kingdom’s short-term credit rating.
Standard & Poor’s granted the same rating, A-1 for short-term credit, to the Public Investment Fund’s American Commercial Paper and European Commercial Paper programs, which the Fund established in June 2025, to increase the extent of its short-term financing flexibility and diversify its sources. Liquidity.
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