PIF And Brookfield Sign MoU To Expand Investment Opportunities In Saudi Arabia And Region
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PIF and Brookfield Asset Management Ltd. today signed a non-binding memorandum of understanding (MoU) for PIF to act as a strategic anchor investor for Brookfield Middle East Partners (BMEP), a new platform which aims to serve as Brookfield’s new private equity vehicle for investments in businesses based in Saudi Arabia and the wider region. The