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Construction Market size in EMEA to grow by USD 336 62 billion from 2022 to 2027, Driven by the increase in construction of green buildings

Saudi Arabia s PIF invests $1 3bn in four local construction companies

RIYADH: Saudi Arabia’s sovereign wealth fund has invested a total of $1.3 billion in four local construction companies, as part of the fund’s capital increase initiatives. The Public Investment Fund has acquired stakes in Nesma & Partners Contracting Co., El Seif Engineering Contracting Co., AlBawani Holding Co., and Almabani General Contractors Co., according to a press

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