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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Saudi pension fund raises stakes in listed firms

Posted on 28 July 2009

From Reuters: The General Organisation for Social Insurance (GOSI), Saudi Arabia’s largest pension fund, has raised stakes in six listed firms, including Saudi Telecom 7010.SE and Savola Group 2050.SE, official data showed on Monday.

The state-owned GOSI increased its stake in state-controlled Saudi Telecom on Sunday to 7 percent from 6.9 percent, according to the data published on the stock exchange’s website………..Full Article: Source


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