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...
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...
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