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الاقتصادية
PIF and U.S. Bank sign $15B MoU
The Public Investment Fund of Saudi Arabia (PIF) and the U.S. Export-Import Bank (EXIM) have signed a memorandum of understanding valued at up to $15 billion to enhance financial and investment cooperation between Saudi Arabia and the United States. The memorandum aims to support financing and facilitate the purchase of American goods and services for the Fund’s portfolio companies, while exploring opportunities in advanced technology sectors, space and aviation, infrastructure, and future mobility. Since 2017, the Fund’s purchases from the U.S. market have totaled $65 billion, and it has contributed $35 billion to the U.S. gross domestic product. The new collaboration is expected to strengthen supply chains and contribute to sustainable economic development for both parties.
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