Environment and Sustainable Investments
Hedge Funds & Alternative Investments
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Saudi Arabia transfers $80bn in shares to wealth fund for green projects
Saudi Arabia has transferred shares worth $80bn to its sovereign wealth fund as the oil-rich nation hopes to rival Norway and Singapore’s state-managed funds and invest in green projects. Crown Prince Mohammed bin Salman, Saudi Arabia’s de facto ruler, said 4% of shares in Saudi Aramco, the world’s biggest oil…
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Click here to read the full story: The Guardian