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Saudi foreign assets may hit $878bn
- Saudi Arabia: Sunday, December 14 - 2008 at 14:26
A report by Tanmiyat Investment Group has predicted that Saudi Arabia's foreign assets could double to $878bn by the end of 2010, fuelled by fiscal surpluses from the past oil price rises. During August, assets controlled by the Saudi Arabian Monetary Agency gained an average of SR2bn per day.
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Edward Poultney, Editor - EnglishSunday, December 14 - 2008 at 14:26 UAE local time (GMT+4)
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