Middle East Economic Survey
VOL. LII
No 13
30-Mar-2009
SAUDI ARABIA
Saudi Government Sets Up Investment Fund For GOSI
The Saudi Council of Ministers on 23 March approved the licensing of a new shareholding investment firm which will be wholly-owned by the state-run pension fund, the General Organization for Social Insurance (GOSI). Hassana Investment Company will be in charge of setting up real estate, commercial and service projects and will be authorized to sell these projects when necessary....
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