اللهم صل على محمد وعلى آل محمد، كما صليت على إبراهيم، وعلى آل إبراهيم، إنك حميد مجيد، اللهم بارك على محمد، وعلى آل محمد كما باركت على إبراهيم، وعلى آل إبراهيم إنك حميد مجيد.
Saudi Arabia’s economy expanded for a fifth straight quarter, driven by steady growth in the non-oil sector and a return to expansion for oil activities https://t.co/8SSuClCJAg
The Public Investment Fund's Governor Yasir Al Rumayyan has announced that the PIF will no longer invest in Swiss financial markets after the collapse of Credit Suisse in 2023.
The PIF is Saudi Arabia's sovereign wealth fund with assets around $930 billion, and Al Rumayyan's comments are part of an ongoing geopolitical shift as the centre of the global economy shifts east.
Vizier has previously published a report on the Gulf state's accelerating displacement of Switzerland as a premier centre for global trade, finance, and diplomacy:
Two years after it was left nursing losses from the rapid collapse of Credit Suisse, the head of Saudi Arabia’s Public Investment Fund said it will no longer invest in the country’s financial markets https://t.co/1wHTAZSuXP
Good morning from Air Force One, Saudi Arabia! Thank you for the escort, and having President Trump’s back—We all appreciate it. See you on the ground shortly, THANK YOU!!!🇺🇸🇸🇦