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Three-fifths of institutional investors expect large capital inflows into Saudi Arabia despite the triple threat of a low oil price, a declining government surplus and a leading role in the conflict in Yemen.
Nick Tolchard, head of Invesco Middle East said: “The key emphasis [of the study] is not the actual amount of money that will go to Saudi Arabia but the sentiment. It is very exciting that Saudi Arabia is liberalising.”
Source: Financial Times
Three-fifths of investors excited about Saudi Arabia opening up
High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/07aade2c-5647-11e5-a28b-50226830d644.html#ixzz3mNIxnYA7
Three-fifths of institutional investors expect large capital inflows into Saudi Arabia despite the triple threat of a low oil price, a declining government surplus and a leading role in the conflict in Yemen.
Nick Tolchard, head of Invesco Middle East said: “The key emphasis [of the study] is not the actual amount of money that will go to Saudi Arabia but the sentiment. It is very exciting that Saudi Arabia is liberalising.”
Source: Financial Times
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