"The new office reflects PIF's approach to engaging closely with local partners, leading businesses and institutional investors," the statement said
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The Kingdom Tower is seen in Central Riyadh, Saudi Arabia. Peter Macdiarmid, Reuters Image used for illustrative purpose.
Saudi Arabia's sovereign wealth fund, Public Investment Fund, announced in a statement on Monday the opening of a new subsidiary company office in Paris.
"The new office reflects PIF's approach to engaging closely with local partners, leading businesses and institutional investors," the statement said.
(Reporting by Tala Ramadan Editing by Ros Russell)
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