Saudi Crown Prince Mohammed bin Salman said that there are growings for companies in the public investment box portfolio will be during this year and next years, and explained that any new company established by the Public Investment Fund when it starts more than 5 years only and is put in the market.
"According to Arab Net, the Prince has noted that this includes Windows, Red Sea, Sea, Soud and other projects, while these gets are pumped in the Saudi economy. p>
In a communicative context, the Public Investment Fund (SAE) is aimed at growth to become a huge fund, and therefore will not turn its profits at the same time to the state budget and will target growth growth The size of the Fund, more than 200% in the next five years, and in the future expenditure of this fund will not exceed 2.5%, and will serve as new oil to the Kingdom to other sources of income in the economy, from various other investment strategies for the Kingdom, including oil. / p>
The projects of investment fund outside Saudi Arabia are targeting more than 10%, describing the country's foreign policy as based on Saudi interests, and the reputation of the Fund has attracted him Investments, for example, an Ober's company, which has sought IFAD investments, which chooses its investments under the Kingdom's interests, which does not conflict with international laws and laws of other countries.
