Saudi Industries Ink Deals with RDIF in Chemicals, Food, and Tech

Posted on 10/14/2019


A consortium of investors including the Russian Direct Investment Fund (RDIF), Saudi Arabia’s state oil company Saudi Aramco and the Public Investment Fund (PIF) have signed transaction documents to acquire from ROSNANO a 30.76% shareholding in Novomet, a major producer of oil-submersible equipment in Russia and globally. The investment is expected to be completed upon […]