Qatar wealth fund plans to invest $500B in US over the next 10 years

The Qatar wealth fund plans to invest $500B in US over the next 10 years. This is according to Bloomberg.

Earlier in the week, during talks in Riyadh, Saudi Arabia pledged a historic $600 billion in future investments across U.S. energy, technology, defense, and infrastructure sectors, a commitment announced jointly by the White House and Saudi leadership.

Complementing that headline figure, Saudi Aramco also signed 34 preliminary agreements with American companies valued at up to $90 billion, underscoring the kingdom’s push to deepen commercial ties with the United States.

This article was written by Greg Michalowski at www.forexlive.com.