Saudi Arabia plans to sell state oil assets to create $2tn wealth fund

clock • 4 min read

Campaigners hail a symbolic shift away from fossil fuels, but others see move as more style than substance

Saudi Arabia is planning to establish a $2tn (£1.4tn) sovereign wealth fund by selling off its state petroleum assets in preparation for a world beyond oil. Greenpeace said it was a pivotal moment akin...

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