News Formal

Marcos pitches Maharlika fund to Saudi Arabian business leaders

  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 86%

United States News News

United States United States Latest News,United States United States Headlines

'We look forward to benefiting not just from Saudi investments, but the Kingdom’s intensive experience in managing such funds,' President Marcos says, referring to Saudi Arabia's sovereign wealth fund, which is among the world's largest

This is AI generated summarization, which may have errors. For context, always refer to the full article.

“At the forefront of these opportunities is the recently launched Maharlika Investment Fund , the Philippines’ first-ever sovereign investment fund designed to drive long-term economic development through increased investments in high-impact sectors,” Marcos said on Thursday, October 19, during a roundtable meeting on the sidelines of the inaugural summit between the Association of Southeast Asian Nations and the Gulf Cooperation Council .

Marcos brought with him in the ASEAN-GCC Summit his trade and finance secretaries, who also hyped the Maharlika fund and other opportunities in the Philippines to business leaders in attendance.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Marcos pushes Maharlika Investment Fund in Saudi ArabiaPresident Ferdinand 'Bongbong' Marcos Jr. on Thursday pushed for the Maharlika Investment Fund among business leaders in Saudi Arabia.
Source: gmanews - 🏆 11. / 68 Read more »

Marcos presents Maharlika Investment Fund to Saudi business leadersPresident Ferdinand Marcos Jr. boasted how the Philippines' first sovereign wealth fund can make the country's economy more globally competitive.
Source: CNN Philippines - 🏆 13. / 63 Read more »