Saudi Arabia’s Public Investment Fund Buys Into POSCO Engineering and Construction
Posted on 03/05/2015
South Korean high-level officials including the country’s President and representatives of the Korea Investment Corporation (KIC), the country’s sovereign wealth fund, are on a Gulf trip to ink long-term economic arrangements and shore up deals for Korean enterprises. One of the deals include Saudi Arabia’s Public Investment Fund (PIF) buying around US$ 1.36 billion worth […]