Saudi Arabia to Invest in Russian-Chinese Wealth Fund | WHAT REALLY HAPPENED

Saudi Arabia to Invest in Russian-Chinese Wealth Fund

Riyadh is planning to provide major investments into the Russian Direct Investment Fund (RDIF) with the fund expected to be renamed, according to the head of RDIF, Kirill Dmitriev.

“In the near future, we will announce that Saudi Arabia is investing in RCIF and the fund will be renamed as the Russian-Chinese-Saudi Fund,” Dmitriev said at the Future Investment Initiative (FII), Saudi Arabia’s international investment forum.

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