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Saudi sovereign fund secures US$11b loan to boost diversification blitz

Tue, Sep 18, 2018 - 5:50 AM

Riyadh

SAUDI ARABIA'S sovereign wealth fund said on Monday it had secured its first ever international loan, boosting the kingdom's diversification drive after its flotation of state oil giant Aramco stalled.

The Public Investment Fund (PIF) said in a statement that it had obtained...

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