Investing.com investing.com 13 Jan, 2021 23:00 am

Saudi crown prince says kingdom offers $6 trln investment opportunities over next decade -state news agency By Reuters

Saudi crown prince says kingdom offers $6 trln investment opportunities over next decade -state news agency By Reuters
Saudi crown prince says kingdom offers $6 trln investment opportunities over next decade -state news agency

FILE PHOTO: Saudi Arabia's Crown Prince Mohammed bin Salman speaks during the Gulf Cooperation Council's (GCC) 41st Summit in Al-Ula LONDON (Reuters) - Saudi Crown Prince Mohammed bin Salman said the kingdom offers investment opportunities worth $6 trillion over the next decade, with new projects representing half of this value, the state news agency reported, citing his speech at the World Economic Forum on Wednesday.This week, Prince Mohammed unveiled plans to build a zero-carbon city at NEOM, with infrastructure costs of $100 billion to $200 billion.The prince, known in the West as MbS, plans to create new sectors and develop domestic projects that would create jobs for millions of Saudis, through the Public Investment Fund (PIF), the kingdom's sovereign investment fund that acts as the main vehicle boosting investments at home and abroad.Clarida says Fed won't raise rates until its sees 2% inflation p (Reuters) - Federal Reserve Vice Chair Richard Clarida on Wednesday reiterated that the U.

central bank won't raise interest rates until inflation reaches 2%, and he expressed.Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

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