Riyadh-- The Public Investment Fund (PIF) today launched the Saudi Egyptian Investment Company (SEIC) to invest in promising sectors throughout Egypt, one of the world’s emerging markets.SEIC will invest in priority sectors including but not limited to, infrastructure, real estate development, health care, financial services, food and agriculture, manufacturing, pharmaceutical and other opportunistic investments. The company will also contribute to enhancing access for PIF and its portfolio companies, along with the Saudi private sector, to a variety of investment opportunities in Egypt. This will help drive attractive long-term commercial returns and enhance cooperation across many strategic sectors.Yazeed Alhumied Deputy Governor and Head of MENA Investments at PIF, said, "We are pleased...

Beirut-- Financed by King Salman Humanitarian Aid and Relief Center (KSrelief), the Ambulance Service of Subul Al-Salam Social Society in Al-Minyah, northern Lebanon, carried out 50 ambulance missions during the past week.This comes within the framework of a project to support ambulance services and transport in refugee areas.Source: Saudi Press Agency