Hedge Funds & Alternative Investments
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China, Saudi plan US$20 billion joint investment fund
Saudi Arabia and China plan to establish and operate jointly a US$20 billion (S$27.23 billion) investment fund, sharing costs and profits on a 50:50 basis, Saudi Energy Minister Khalid al-Falih told Reuters on Thursday (Aug 24). Falih was speaking on the sidelines of an economic conference of senior officials and…
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Click here to read the full story: Strait Times