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RIYADH: Al-Hilal, one of Saudi Arabia’s top football clubs, signed a partnership on Tuesday with Sanabil Investments, a company wholly owned by the Public Investment Fund. As a result of the deal, Sanabil Investments’ logo will be on the sleeve of Al-Hilal first team’s football shirts for the next three seasons of the Saudi Pro League, a media statement said. Abdullah
Saudi Crown Prince Mohammed bin Salman has transferred a 4% stake of oil giant Aramco to Sanabil Investment, which is wholly-owned by the country’s sovereign wealth fund the Public Investment Fund (PIF).
The sovereign wealth fund of Saudi Arabia, which has a total value of $620 billion, has revealed its connections with almost 40 U.S. VC firms. This disclosure was made by the fund’s venture arm, known as Sanabil Investments, which has previously been secretive about whether it has raised money from Saudi Arabia following the murder …<p class="read-more"> <a class="" href="https://www.cryptopolitan.com/saudi-venture-arm-partnerships-u-s-vc-firms/"> <span class="screen-reader-text">Saudi Public Investment Fund’s Venture Arm Discloses Partnerships with U.S. VC Firms</span> Read More »</a></p>