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Saudi Wealth Fund’s $3 Billion Jordan Unit Aims to Ramp Up Deals

  • Saudi Jordanian Investment Fund to invest in 300-bed hospital
  • More deals to be announced over the next year, SJIF CEO says
Amman, Jordan

Amman, Jordan

Photographer: Luís Henrique Boucault/Moment RF/Getty Images

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The Saudi Jordanian Investment Fund, controlled by Saudi Arabia’s sovereign wealth fund, is backing the development of a $400 million hospital in Amman as it looks to ramp up spending over the next few years.