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Rakiza secures US$1b to invest in Omani, Saudi construction projects

by WAYA Staff - Mar 22, 2023
Rakiza secures US$1b to invest in Omani, Saudi construction projects

Infrastructure investor Rakiza it had closed its first fund at more than US$1 billion. 

The Omani fund announced that 25% of its capital will be invested in three construction projects.

Media reports show that the Fund is also close to other financial investment completion, including an acquisition deal in Saudi Arabia. 

Saudi Arabia’s Public Investment Fund (PIF) has investment US$300.8 million into Rakiza last year.

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