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Isn’t the Saudi fund a hedge fund? Thought they had other orgs to promote oil, I assumed this fund is to get ready for a post-oil world.
by sudhirj 8y ago
Isn’t the Saudi fund a hedge fund? Thought they had other orgs to promote oil, I assumed this fund is to get ready for a post-oil world.
- wklauss 8y agoYou are right. They invest in various alternative projects (real state, construction... even Uber!) to protect the country economy from future oil decline.