SALIC, one of the Public Investment Fund companies, signed a memorandum of understanding with Saudi Tadawul Group on Tuesday, February 20, 2024, with the aim of establishing the foundations for effective cooperation and integrated coordination between the two parties towards aligning and sharing strategic initiatives in the field of sustainability.

The Memorandum was signed between SALIC’s Chief local investments Officer, Mr. Ahmed Shahini, And the Head of client relations development at Saudi Tadawul Company, Mr. Bandar Al-Blehed on the sidelines of the third edition of the Saudi Capital Market Forum under the theme “Powering Growth”.

The memorandum includes achieving best practices in the field of responsible sustainability and works on exploring various educational programs. Through this MoU SALIC and Tadawul share a common vision of responsible and impactful investment practices, for creating a lasting positive influence on both the environment and society.