| Fund set to take ownership of Saudi Aramco names none of its investments, institute notes. A Saudi Arabian sovereign-wealth fund being prepared to take ownership of state-owned oil giant Saudi Arabian Oil Co. is less transparent than a fund belonging to Equatorial Guinea that currently ranks as the most opaque in the world, according to a new report.
The fund has a website with one page in Arabic and another in English that says it is “under development.” The fund didn’t respond to a request for comment..........................................Full Article: Source
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