Saudi Arabia to Get New Bankruptcy Law Next Year, Al-Qassabi Says

Saudi Arabia will begin implementing a new bankruptcy law early next year as part of efforts to attract foreign investment and encourage private sector activity, Reuters reports, citing comments from Minister of Commerce and Investment Dr. Majed Al-Qassabi.


PIF $2.7b Bet on Entertainment an Investment Toward a ‘Vibrant Saudi Society’

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Saudi Arabia's Public Investment Fund (PIF) announced on September 20 that it is setting up a new company to invest in the entertainment sector, as the Kingdom looks to achieve a more vibrant society - a stated goal of Saudi Arabia's Vision 2030.

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