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Saudi Arabia’s State Investment Fund PIF Takes 54% In MBC Group

Deadline•Thursday, September 18, 2025 at 8:45:08 AM
PositiveEntertainment
Saudi Arabia’s State Investment Fund PIF Takes 54% In MBC Group
Saudi Arabia's Public Investment Fund (PIF) has made a significant move by acquiring a 54% stake in MBC Group, a major player in the media and entertainment sector of the MENA region. This investment not only strengthens PIF's influence in the industry but also signals a commitment to enhancing the media landscape in the region. As MBC Group continues to grow, this partnership could lead to innovative content and expanded opportunities for local talent, making it a noteworthy development for both investors and audiences alike.
— Curated by the World Pulse Now AI Editorial System
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