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Saudi seeks to woo foreign investors as economy changes

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Saudi seeks to woo foreign investors as economy changes

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(Reuters) – Hundreds of bankers, business leaders and government officials from around the world are attending a three-day conference in Riyadh. Arranged by Saudi Arabia’s main sovereign wealth fund, the $180 billion Public Investment Fund (PIF), the event is labelled the Future Investment Initiative and is an effort to present the world’s top oil exporter as a leading global investment destination. It comes as the Saudi economy is struggling to adapt to lower oil prices. The following graphic is a snapshot:

(Graphic by Jeremy Gaunt; Editing by Catherine Evans)
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