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Tag: Sovereign Wealth Fund

Diplomatic Channel

Saudi Arabia targets $600b Sovereign Wealth Fund

Saudi Arabia’s Crown Prince Mohammed bin Salman said the kingdom’s main sovereign wealth fund (PIF) will surpass its target of increasing its financial clout to $600 billion by 2020, as part of the efforts to wean economy off oil. “We are now above $300 billion, we’re getting close to $400 billion. Our target in 2020 […]

Posted on October 6, 2018April 2, 2020 Author Economy Editor Comment(0)

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