Saudi Crown Prince MBS meets Accor CEO Sebastien Bazin in Riyadh

His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, the Crown Prince, Vice President of the Council of Ministers, Minister of Defense and Chairman of the Public Investment Fund (PIF), on the sidelines of the Future Investment Initiative in Riyadh, met with the Chairman of Accor company Sébastien Bazin, reports Saudi Press Agency.

The meeting reviewed the existing investments between Accor and the Public Investment Fund.

More than 20 memorandums of understanding (MoUs) and agreements worth in excess of $50bn (SAR187.6bn) were signed on Day 1 of the Future Investment Initiative summit that is being held in Riyadh on 23-25 October 2018.

The summit has been organised by Saudi Arabia’s Public Investment Fund, which is led by Crown Prince HRH Mohammed Bin Salman.