$5bn Saudi investment firm eyes EU, US buysSaudi Arabia is exploring opportunities for investments in Europe, Asia and the United States in sectors including technology and auto parts for its new $5.3 billion investment company, its finance minister said. The company, Sanabil al-Sa More… |
Saudi Cabinet approves $5.3bn investment firmThe Saudi government said it had approved the setting up of an investment firm with capital of 20 billion riyals ($5.3 billion) that will invest in stocks, bonds, real estate, foreign currencies and commodities. The government-owned Sanabi More… |