The Saudi Public Investment Fund is a private fund for sovereign wealth that has bought shares in some American companies, including Boeing, Facebook, Disney and Citigroup, according to the US Securities and Exchange Commission.
The Public Investment Fund owns some of the shares:
The assets of the Saudi Public Investment Fund will be more than 300 billion US dollars, as it buys minority stakes in companies around the world, and this is because it took advantage of the weak market after the emergence of the emerging Corona virus as a benefit 19.
The fund also bought shares worth about $ 713.7 million in Boeing, shares valued at approximately $ 522 million in Citigroup, other shares valued at $ 522 million on Facebook, and other shares valued at $ 495.8 in Disney and other shares of 487.6 in Bank of USA.
This statement showed that the Saudi sovereign fund has shares worth approximately $ 514 million and is in Marriott and amounts to small shares in Parkshire Hathaway.
He also clarified that the fund would have shares of approximately $ 827.7 million and be in BP Oil Company, which has American depositary receipts that are listed in the United States of America.
It is noteworthy that the Public Investment Fund will have a stake of 0.3% in Equinor Oil and Gas Company, as it already owns the fund with two billion dollars in Uber Technologies and Lucid Motors for electric vehicles.
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