Moneycontrol.com |
Saudis aim to double sovereign wealth to $400 bln
MarketWatch RIYADH--Saudi Arabia's sovereign wealth fund, a key engine of the kingdom's plan to diversify the economy, on Wednesday laid out new targets for growth, saying it aims to nearly double the value of assets it manages to around $400 billion by 2020. Citigroup Plans Saudi Arabia Hires for Return After 13 Years Crown prince says Saudis want return to moderate Islam Modernising Saudi prince's plans for a retractable ROOF over Mecca will 'destroy the cradle of Islam', critics say |
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