Central Bank allowed to buy properties to diversify its foreign investments ...Saudi Arabia

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Central Bank allowed to buy properties to diversify its foreign investments
source : sauress ( Saudi Arabia ) () 9
RIYADH — The Law of the Saudi Central Bank allowed the bank to buy or own real estate if the purpose was to diversify its foreign investments, Okaz/Saudi Gazette has learnt from sources. The new law also prevents the bank from engaging in trade or participating in commercial activities or taking (...)

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