#PIF has invested $900M alongside Cain International in Aman Group to accelerate its global expansion of ultra-luxury hotels and branded residences, in line with the #PIFstrategy 2021-2025.
Turqi Alnowaiser, Deputy Governor of #PIF and Head of International Investments Division commented: “Our investment in Aman Group reflects PIF’s belief in the current potential of the hospitality and tourism industry, both internationally and in Saudi Arabia.”
“The investment is in line with #PIF’s strategy to invest in promising sectors to achieve sustainable, attractive returns in Saudi Arabia and globally.”
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