You are here

Saudi Arabia transfers 100b riyals to wealth fund for deals

Thursday, December 1, 2016 - 05:50

Dubai

SAUDI Arabia is transferring 100 billion riyals (S$38.1 billion) to the sovereign wealth fund to boost investments and diversify from oil.

The funds will be allocated to the Public Investment Fund from the kingdom's reserves, according to a statement in the state-run Saudi

sentifi.com

Market voices on:

Powered by GET.comGetCom