Saudi Arabia Sets Up New Investment Arm to Invest In Foreign Stocks

Posted on 03/24/2009

Saudi Arabia’s ruler, King Abdullah has authorized a creation of a new investment vehicle to oversee the assets of the Kingdom’s largest pension fund called General Organization for Social Insurance (GOSI). The entity will be called the Hassana Investment Co. Hassana which roughly translates to “protector,” is fully owned by GOSI. The vehicle will be […]

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