Saudi Arabia

Saudi Arabia Close To Setting Up A New Sovereign Wealth Fund [Reports]

Saudi Arabia is poised to set up a new sovereign wealth fund as its budget deficit hits a record high. Citing sources familiar with the matter, Reuters reports that the new sovereign wealth fund will ideally be up and running within 12 to 24 months.

Saudi Arabia seeks proposals to set up a new SWF
According to the exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email and we will get back to you as quick as humanly possible

Saved Articles

Subscribe to our mailing list

* indicates required

Opt out of occasional 3rd party offers