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Saudi Arabia s PIF sets up auto investment firm

PIF Establishes Tasaru Mobility Investments in Saudi Arabia

Saudi Public Investment Fund (PIF) has launched the National Automotive and Mobility Investment Company (Tasaru Mobility Investments), an investment company focused on developing local supply chain capabilities for the automotive and mobility industry. Tasaru Mobility Investments will lead strategic investments and partnerships with local and international private sector companies in Saudi Arabia.

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