Saudi crown prince Salman
LONDON/RIYADH: Saudi Arabia's Public Investment Fund plans to double its assets to 4 trillion riyals ($1.07 trillion) by 2025, Prince Mohammed bin Salman said on Sunday, a move that would make it one of the world's biggest sovereign wealth funds.
The fund would invest 3 trillion riyals in new sectors over the next 10 years, said the prince, who is Saudi Arabia's de facto ruler and chairs the fund's board.
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