According to Jin10 on November 11, Goldman Sachs, HSBC, and Fortress Investment Group are partnering with regional fund managers Ruya Partners and Amwal Capital Partners to provide $150 million in private credit financing to United Saudi Company. This marks one of the first major private credit transactions in Saudi Arabia since the onset of regional conflict, as the kingdom increasingly turns to private capital sources amid fiscal pressures and economic diversification efforts driven by Crown Prince Mohammed bin Salman's multi-trillion-dollar transformation plan.

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