Re:Uber Turns to Saudi Arabia for $3.5B Cash Infusion
by dragonwriter on Wednesday June 01, 2016 @05:45PM
(#11818481)
> And now they get the largest investment yet from a party that is NOT interested in falling oil prices... What am I missing here?
Saudi Arabia (and even moreso prior to the 1990-1991 war, Kuwait, which was among the sources of the tensions leading to that war) invest quite heavily in diverse investments with a focus both on growth and avoiding having fortunes too closely tied to oil.
Saudi Arabia (and even moreso prior to the 1990-1991 war, Kuwait, which was among the sources of the tensions leading to that war) invest quite heavily in diverse investments with a focus both on growth and avoiding having fortunes too closely tied to oil.