Saudis celebrate Trump visit with giant investment deals

Published: May 24, 2017, 2:31 p.m.

b'Saudi Arabia\'s sovereign wealth fund is investing $65bn in foreign asset managers as part of a plan to diversify the economy away from oil. Nearly a third of that will be put into a fund run by Blackstone to invest in US infrastucture. Andrew England discusses the move with Simeon Kerr, FT Gulf correspondent, and Arash Massoudi, M&A correspondent.


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