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Saudi Arabia to invest $500M in Russia-China Investment Fund
Finance
- 26 October, 2018
- 06:13
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Baku. 26 October. REPORT.AZ/ The Public Investment Fund (PIF), the sovereign fund of Saudi Arabia, will contribute US$500 million into the Russia-China Investment Fund (RCIF), according to an announcement by Russian Direct Investment Fund (RDIF), Report informs citing China Money Network.
Upon completion of the transaction, the RCIF will have a total of US$2.5 billion under management.
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