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Saudi Arabia is on a high-stakes mission to buy the world

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Summary
Nutrition label

84% Informative

Mohammed bin Salman became chairman of Saudi Arabia's Public Investment Fund in 2015 .

PIF has been stepping up its mission to invest in high-profile assets globally.

The fund has set a target of $2 trillion in assets under management by the end of the decade .

But as PIF spreads its wings, it is becoming increasingly unclear as to just how successful it stands to be beyond the Gulf .

The fund did swing to an annual profit in 2023 following an $11 billion loss the previous year , Bloomberg reported.

PIF 's tanglings with political figures are also raising concerns about influence in the Middle East .

The fund's main priority remains its domestic portfolio, Hertog said.

VR Score

87

Informative language

85

Neutral language

58

Article tone

formal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

22

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