Keywords: Public investment
The national program for the rehabilitation of closed mosques continues to unfold across the Kingdom. Presenting the progress of the projects to the House of Representatives, the Minister of Habous and Islamic Affairs, Ahmed Toufiq, stated that 2,200 mosques have been restored since the launch of this......
Canada has announced the creation of its first sovereign wealth fund, marking a significant step in the country’s long-term economic strategy. Prime Minister Mark Carney said the fund will begin with an initial capital of C$25 billion and focus on financing major domestic projects. The initiative,......
Nadia Fettah Alaoui has emerged as a pivotal figure in Morocco's economic leadership. Born in 1971 in Rabat, she built a career blending business acumen with public service. Her journey from Casablanca's business circles to the finance ministry showcases a quiet determination that resonates widely. From......
Facing tighter budgets despite oil revenues calculated at around $80 per barrel, Saudi Arabia is increasingly relying on domestic sources to fund its development ambitions. The kingdom’s sovereign wealth fund, the Public Investment Fund (PIF), recently convened a group of the country’s wealthiest......
Morocco’s tax revenues are expected to reach 366 billion dirhams by 2026, up from 199 billion dirhams in 2020, according to government spokesperson Mustapha Baitas. The announcement was made on Thursday during a press briefing following a meeting of the Government Council. Baitas, who also serves......
Saudi Arabia’s ambitious plans to host a record-breaking football spectacle in 2034 are entering a more cautious phase as the kingdom reassesses its approach to infrastructure development. Authorities have scaled back some stadium designs, adjusted budgets, and delayed construction timelines to......
His Majesty King Mohammed VI used the opening of Morocco’s parliamentary session to call for greater accountability and vigilance in public service. Addressing lawmakers, he emphasized the need to align major national projects with social programs to ensure they deliver tangible benefits to all......
Saudi Arabia’s nearly $1 trillion sovereign wealth fund, the Public Investment Fund (PIF), announced that artificial intelligence and automation now underpin “every layer” of its operations. This integration is not only reshaping the fund’s investment strategies but also reflecting......
Saudi arabia's public investment fund (PIF) has become an official partner of the 2025 fifa club world cup, a month-long tournament held in stadiums across the united states. This partnership comes a week before the inaugural tournament begins. This move by PIF, the kingdom’s sovereign wealth......
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