Business

Saudi Arabia invests in Alphabet, Amazon, and BlackRock

By Jack Birle
Published August 17, 2022 3:49am ET
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Saudi Arabia invests in Alphabet, Amazon, and BlackRock
In this photo released by Saudi Press Agency, Saudi Crown Prince Mohammed bin Salman addresses the Future Investment Initiative conference in Riyadh, Saudi Arabia. | (Saudi Press Agency via AP)


Saudi Arabia has purchased $7.5 billion of stocks in various companies through its Public Investment Fund, including Google’s parent company Alphabet, Amazon, BlackRock, and JPMorgan Chase.

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Investment Saudi Arabia Stocks and Bonds