basis211: (Default)
basis211 ([personal profile] basis211) wrote2020-05-17 02:02 pm
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Saudi Arabia buys $7.7 billion shares in world’s best known companies

The $300 billion Public Investment Fund bought stakes in global corporate leaders such as Boeing, Facebook, Disney, Marriott and Starbucks. It also invested in two big US banks, Citigroup and Bank of America, and took holdings in oil giants BP, Total and Royal Dutch Shell.

https://www.arabnews.com/node/1675796/business-economy

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