In recent years, the government of Saudi Arabia has invested over $900 billion in foreign companies, including several U.S. companies. This move constitutes the creation of a Sovereign Wealth Fund, an emerging type of foreign direct investment.

Question

Quizplus · Accepted Answer

The statement is true, as Saudi Arabia has indeed invested over $900 billion in foreign companies, creating a Sovereign Wealth Fund.

In Recent Years, the Government of Saudi Arabia Has Invested