Jan
14

Saudi Wealth Fund Is Said to Weigh Bank Loans for Investments

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  • Sovereign fund may raise about $5 billion from banks this year
  • Public Investment Fund is seeking to boost investment returns

Saudi Arabia’s sovereign wealth fund, which aims to become a $2 trillion investment giant, is considering borrowing from banks for the first time as it seeks investments in the kingdom and abroad, according to people familiar with the matter…

Saudi Wealth Fund Is Said to Weigh Bank Loans for Investments

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Categories : Finance

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