PIF Could Be Managing a New Airlines Company

Posted on 09/06/2022


Saudi Arabia’s Public Investment Fund (PIF) is in the works of creating a new airline called “RIA” to jumpstart its tourism industry. “RIA” is being tipped as the name for the new airlines service. SAUDIA is Saudi Arabia’s current national airlines. Some news sources are saying RIA could have a US$ 30 billion war chest…

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