Saudi Arabia’s King Salman issued a directive to transfer $27 billion to the Public Investments Fund. The allocation to the sovereign wealth fund aims to diversify investments and lessen the country’s dependence on oil revenues.
wealth fund
Breaking News
Philanthropist and Microsoft co-founder Bill Gates suggested the state of Norway should invest a portion of its massive USD800 billion wealth fund to countries in Asia and Africa.
Subscribe to VCpost newsletter
Most Popular
- Founder of Globetrotters, Niranjan Shah, on His Background, Success Story, and Philosophy of Getting Ahead
- 3 Scenarios Lear Capital Founder Kevin DeMeritt Says Precious Metals Could Protect Against
- Tips To Increase Your Appointment Setting Conversion Rate in 2022 According to Bruntwork
- Amazon FBA, Shipping, Receiving: Kitting and Assembly Solutions Keeps it All Signed, Sealed and Delivered for a Global Marketplace On the Go
- Investor Brian Condenanza On The Future of Fintech Investing
- What You Need to Know About Business Litigation Law
- Amer Deeba on Cybersecurity and His New Company Normalyze
- The Ultimate Guide to an Employee’s Net Pay
