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PIF aims to manage over US$400b in assets by 2020

Thu, Oct 26, 2017 - 5:50 AM

Riyadh

SAUDI Arabia's Public Investment Fund (PIF) aims to increase its assets under management to 1.5 trillion riyals (S$540 billion) by 2020 as part of the country's Vision 2030, an economic reform plan aimed at boosting private-sector growth and developing non-oil industries.

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