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Saudi Royal runs $250 Billion firm shaping access to mega deals

  • Tharawat Holding Co., run by Prince Turki bin Salman, acts as a gatekeeper for foreign companies looking to do business in Saudi Arabia.
  • The firm, with assets worth at least $250 billion, directs foreign investments into various sectors and manages development projects in the kingdom.
  • Tharawat plays a crucial role complementing the $1 trillion Public Investment Fund by overseeing financing, spending, and vetting contractors.
  • Tharawat's significance is highlighted by its influence in cost-cutting measures for projects like Neom and its involvement in various high-profile deals within and outside Saudi Arabia.

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