The Saudi Arabian Council of Ministers approved the establishment of the Saudi Arabian Investment Company (Sanabil Investments), a closed joint stock company with a paid up capital of 20 billion Saudi Riyals. Sanabil is wholly-owned by the Public Investment Fund of the Government of Saudi Arab ...Read more
The Saudi Arabian Council of Ministers approved the establishment of the Saudi Arabian Investment Company (Sanabil Investments), a closed joint stock company with a paid up capital of 20 billion Saudi Riyals. Sanabil is wholly-owned by the Public Investment Fund of the Government of Saudi Arabia, yet it operates as an independent investment institution with a commercially-driven approach focusing on achieving high risk-adjusted returns.
Upon incorporation, Sanabil’s board of directors and executive management team undertook an extensive and detailed process to formulate the Company’s investment strategy in a way that reflects the Board’s long-term vision.
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