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Saudi state fund plans stake in big industrial zone: source

The Public Investment Fund to inject capital into the King Abdullah Economic City near Jeddah
Tuesday, September 6, 2016 - 05:50

Dubai

SAUDI Arabia's top sovereign wealth fund is negotiating to buy a stake in one of the kingdom's most ambitious real estate projects as Riyadh restructures the economy to cope with low oil prices, a source familiar with the plan said.

The Public Investment Fund aims to invest