Wall Street, tech royalty fly to Saudi Arabia event amid West Asian war

Quick Summary:

Coupled with that, Crown Prince Mohammed has had to come to terms with the limits of even Saudi Arabia’s vast financial resources to pay for his ambitions.

The data show that the number of funds invested in the Saudi stock market fell slightly between March and September this year and that the country is the third-biggest underweight after Taiwan and India.

Saudi foreign policy has recently focused on lowering regional tensions in the hope that a more stable region will bring in foreign capital and technological know-how.

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Article Details

Category: BusinessFinance

Markets: IndiaChinaHong KongIsraelSaudi ArabiaTaiwan

Topics: West Asia Wall Street Technology Middle east

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-27 @ 22:58:13 (22 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 895 words

Reading Time: 5 minutes read

Sentences: 33 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23269057

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