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ME Fund Managers to Increase Investments in Saudi Arabia
July 30th, 2020 - 03:00 GMT

ME Fund Managers to Increase Investments in Saudi Arabia

Middle Eastern fund managers plan to increase investments in Saudi Arabia in the current quarter, betting on the kingdom’s ability to bounce back from the coronavirus and low oil price shocks. The region, which has imposed strict lockdown measures as it deals with the outbreak, is home to many oil producers, who have seen the price of their main resource tumble as they spend to help support their economies. Half ...
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