Saudi, Pakistani investors launch fund worth hundreds of millions of dollars
· Cairo time
Dubai: Saudi Arabian and Pakistani investors have agreed to establish a private equity fund worth hundreds of millions of dollars, with three-quarters of its planned investments earmarked for Pakistan, the Saudi-Pakistan Joint Business Council (SPJBC) said on Monday.The council described the fund's initial size as “multi-hundred million”, saying it could expand depending on investment opportunities across different sectors. It did not disclose…
