MBS Wants Saudi Arabia Fund to Reach $2 Trillion in Assets
The crown prince’s ambitious plan for the Public Investment Fund would change the kingdom’s dependence on oil while creating the world’s largest pool of institutional money, but questions remain.
Saudi Arabia Crown Prince Mohammed bin Salman has unveiled an ambitious plan that would make the Public Investment Fund (PIF) the largest sovereign wealth fund in the world, increasing its roughly $400 billion in assets to $1.1 trillion by 2025 and $2 trillion by 2030.
Analysts question whether the plan is feasible, but one thing is certain: The 35-year-old de facto ruler of Saudi Arabia doesn’t think small.
Worldwide Thin Wall Packaging Industry to 2026 - Asia-Pacific to Register the Highest Growth Rate
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Saudi MoU Seeks to Boost Circular Economy
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Saudi Q1 preview: SABIC to post $1 23bln net profit; Aramco s profit at $17 24bln
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Expandable Polystyrene Market Forecast to Reach $12 Billion by 2025 Implementation of Stringent Environment Regulations Driving the Growth of Expandable Polystyrene Market
BriefingWire.com, 4/04/2021 - Expandable Polystyrene Market is forecast to reach $12 billion by 2025, after growing at a CAGR of 4.7% during 2020-2025. With rise in the consumption of used for packaging, insulation and other industries. It is a closed cell, rigid foam material produced from Styrene (which forms the cellular structure), Pentane (which is used as a blowing agent). Growing public interest towards packaging products will further enhance the overall market demand for Expandable Polystyrene during the forecast period.
Key Takeaways
Asia-Pacific dominates the expandable polystyrene market owing to increasing demand from packaging, Building & construction industries among with others.