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Saudi seeks to woo foreign investors as economy changes
October 24, 2017 / 9:21 AM / 2 months ago

Saudi seeks to woo foreign investors as economy changes

(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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