Saudi Arabia’s Public Investment Fund Scoops Up Shares in Zoom, JPMorgan, and Others
Posted on 08/16/2022
The rising price of oil is giving GCC sovereign wealth funds greater financial confidence to invest more capital abroad. Recently, Saudi Aramco reported a stunning 90% surge in second quarter 2022 net income and record half year results. Saudi Aramco said strong market conditions helped to push its second quarter 2022 net income to US$…
