Saudi Crown Prince and Investors Seek Deals in Paris Amid Controversy.
TL;DR Summary
Saudi Arabian investors, including Crown Prince Mohammed bin Salman, are in Paris looking for investment opportunities across sectors. The country has about $3.2 trillion to invest by 2030 and is seeking to diversify its economy beyond fossil fuels. The Saudi sovereign wealth fund has already invested about $35 billion in U.S. assets alone, including stakes in Uber, PayPal, and Electronic Arts. The kingdom is trying to build a new public image despite its long track record of human rights abuses, including its role in the killing of journalist Jamal Khashoggi.
Topics:world#business#crown-prince-mohammed-bin-salman#diversification#investments#paris#saudi-arabia
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