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Saudi crown prince says sovereign wealth fund will surpass US$600b target by 2020
Saudi Arabia’s Crown Prince Mohammed bin Salman said the kingdom's main sovereign wealth fund (PIF) will surpass its target of increasing its assets to US$600 billion (RM2.48 trillion) by 2020, as part of a plan to reduce the economy's dependence on oil. “We are now above US$300 billion, we’re getting…
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