The movement of funds from Saudi Arabia to the PIF from SAMA, as the central bank is known, indicates that the role of the central bank could be gradually shifting, Mohamad Al Hajj, Dubai-based equity strategist for the Middle East and North Africa at EFG-Hermes U.A.E. Ltd.
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Saudi can possibly have a winter wonderland as snow covers its deserts.
Softbank will give its Investment and will tie up with Saudi Arabia with a multibillion investment.
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