Faisal Al-Areefi
Director/Miembro de la Junta en DEPA PLC .
Perfil
Faisal Al-Areefi is a Non-Executive Director at Depa PLC.
Previously, he worked as the VP-Portfolio Companies Affairs Department at Public Investment Fund from 2019 to 2022.
Mr. Al-Areefi is a graduate of George Washington University.
Cargos activos de Faisal Al-Areefi
Empresas | Cargo | Inicio |
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DEPA PLC | Director/Miembro de la Junta | 11/03/2022 |
Antiguos cargos conocidos de Faisal Al-Areefi.
Empresas | Cargo | Fin |
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Public Investment Fund
Public Investment Fund Investment Trusts/Mutual FundsMiscellaneous Public Investment Fund (PIF) was originally established by Royal Decree in 1971 to facilitate the development of the Saudi Arabian economy. In 1974, PIF was mandated to hold equity positions in Saudi Arabian joint-stock ventures and in 2008 they began managing a new sovereign wealth fund. Based in Riyadh, PIF's sole function is to finance investments in productive commercial projects which belong to the government and its industrial lending institutions or to public enterprises. They invest in projects undertaken independently or in partnership between the administrative authorities and private institutions. PIF's funding is handled through loans or guarantees, and in special cases, through allocations of public funds to specific projects. The secretariat general verifies applications and reviews studies of proposed projects in order to ensure their feasibility and profitability with respect to the Saudi Arabian economy. They also propose allocations to be earmarked in the budget to replenish the PIF. PIF provides capital to Saudi Arabian corporations in a range of sectors including cement manufacturing, transportation, agriculture, electricity and services. In addition, they fund a number of bilateral and Arab corporations on behalf of the Saudi Arabian government. | Corporate Officer/Principal | 01/01/2022 |
Formación de Faisal Al-Areefi.
George Washington University | Graduate Degree |
Experiencias
Funciones ocupadas
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Inactivas
Empresas cotizadas
Empresas privadas
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Relaciones de 1er grado
Empresas vinculadas al 1er grado
Hombre
Mujer
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Empresas relacionadas
Empresas cotizadas | 1 |
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DEPA PLC | Industrial Services |
Empresas privadas | 1 |
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Public Investment Fund
Public Investment Fund Investment Trusts/Mutual FundsMiscellaneous Public Investment Fund (PIF) was originally established by Royal Decree in 1971 to facilitate the development of the Saudi Arabian economy. In 1974, PIF was mandated to hold equity positions in Saudi Arabian joint-stock ventures and in 2008 they began managing a new sovereign wealth fund. Based in Riyadh, PIF's sole function is to finance investments in productive commercial projects which belong to the government and its industrial lending institutions or to public enterprises. They invest in projects undertaken independently or in partnership between the administrative authorities and private institutions. PIF's funding is handled through loans or guarantees, and in special cases, through allocations of public funds to specific projects. The secretariat general verifies applications and reviews studies of proposed projects in order to ensure their feasibility and profitability with respect to the Saudi Arabian economy. They also propose allocations to be earmarked in the budget to replenish the PIF. PIF provides capital to Saudi Arabian corporations in a range of sectors including cement manufacturing, transportation, agriculture, electricity and services. In addition, they fund a number of bilateral and Arab corporations on behalf of the Saudi Arabian government. | Miscellaneous |
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