Media ID: 55383049
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Riyadh, Saudi Arabia. (Reuters)
by Asharq Al-Awsat | Sep 21, 2017 | Business
Riyadh- Saudi Arabia’s sovereign wealth fund has said it was set to create a new company to act as its investment arm in the entertainment sector in the country. The company, which will have an initial capitalization of SAR 10 billion ($2.6 billion), will play...
Media ID: 55367180
Caption:
Turkish Airlines aircrafts are parked at the Ataturk International airport in Istanbul, Turkey December 3, 2015. REUTERS/Murad Sezer/File photo
by Saeed Abdelrazek | Feb 10, 2017 | Business
Ankara -The Turkish Government said it will increase contributors to its Sovereign Wealth Fund founded in August, so it includes companies and funds of foreign wealth. Turkish Minister of Finance Naci Agbal told Reuters that banks and foreign sovereign wealth funds...