| 30.04.2009 - It's official: Saudi to establish $5.33bn SWF |
| From Business24-7.ae: Saudi Arabia, the biggest economy in the Middle East, will start operations of a SR20 billion ($5.33bn /Dh19.5bn) investment company in six months. "A consultancy will start the formation of the company next week," Mansour Al Maiman, Secretary-General of the Public Investment Fund, said in an interview yesterday at a conference in Riyadh. "It will target all sectors abroad and at home. We hope it will start work in six months."......Full Article: Source |