‘Never waste a crisis’: inside Saudi Arabia’s shopping spree
BP, Total, Boeing, Disney, Facebook and more are in the Public Investment Fund's portfolio. The $325bn Public Investment Fund has spent billions on overseas deals in 2020 even as Saudi Arabia’s economy struggles. For the fund's governor, Yasir al-Rumayyan, the message is clear: crisis are opportunities. Writing in the Financial Times, Andrew England and Arash Massoudi, investigate.
From Financial Times