Shura Council Approves Draft Law on PIF Expanding Powers

Posted on 12/06/2018

The Consultative Assembly of Saudi Arabia, also known as the Shura Council, approved a draft law granting the Public Investment Fund greater independence. The amended law features 32 articles, up from 10 previously, and would permit the sovereign wealth fund to have increase financial and administrative independence. “The Public Investment Fund (PIF) project is in […]