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Sovereign allocation

PIF accelerates NEOM funding with US$50B injection

ReportedRegion · middle-east

Disclosed value

$50B

Currency

USD

Operator

NEOM

Counterparty

Public Investment Fund (PIF)

Source type

news_report

Confidence

reported

Bloomberg reported a major PIF capital injection into NEOM during 2022, accelerating Trojena and The Line construction milestones.