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

This statement is true. Saudi Arabia has indeed created a sovereign wealth fund, which has invested over $900 billion in foreign companies, including several U.S. companies, in recent years.

In Recent Years, the Government of Saudi Arabia Has Invested