Public Investment Fund of Saudi Arabia

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The Public Investment Fund of Saudi Arabia is the sovereign investment fund of Saudi Arabia. It was reported in The Times in April 2016 that the fund was of US$100 billion but was expected by deputy crown prince Mohammed bin Salman to grow to US$2 trillion as it becomes the main source of savings for the Saudi post-oil economy.[1][2]

References

  1. ↑ "Saudi Arabia searches for bankers to invest its riches", The Times, 20 April 2016, p. 42.
  2. ↑ http://www.bloomberg.com/news/features/2016-04-21/the-2-trillion-project-to-get-saudi-arabia-s-economy-off-oil

External links


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