Epstein Secrets

ew direct link to the Council for Economic and Development Affairs likely concentrates further authority in the Deputy Crown, in our view. Given that the Public Investment Fund (PIF) last saw similar links being established prior to plans being made for it to be turned into a Sovereign Wealth Fund (SWF), this could suggest f

l Research. Source: Haver, BofA Merrill Lynch Global Research. Likewise, the focus on religious tourism is appropriate given its importance in Saudi Arabia but NTP targets appear ambitious to us with a targeted 20%yoy CAGR increase in Umrah pilgrims. Religious tourism accounted for c40% of total tourist

rade status to be retained despite likely further rating cuts A prolonged oil price downturn is likely to continue to put downward pressure on Saudi Arabia’s credit rating in the medium-term. On average, the GCC has benefited from three notch rating upgrades over the period 2002-10 prior to the start of

ctims of Septem- HOUSE_OVERSIGHT_017832 --- PAGE BREAK --- 768 ber 11, 2001 attacks for his official acts, notwithstanding that he was also Saudi Arabia’s ambassador to United Kingdom, unless exception to Foreign Sovereign Immunities Act (FSIA) applied. 18 U.S.C.A. § 2881 et seq; 28 U.S.C.A. § 1608.

te legal person, (2) at the time the suit was filed a majority of its shares were owned by an administra- tive unit of the Saudi Ministry of Finance, the Public Investment Fund (““PIF”),”4 and (8) it is not a citizen of the United States Social Insurance. Fawcett Supp. Aff. at Ex. 2. Late in 2002 the PIF agreed to buy 30% o

lso, the procedures taken in these non-oil revenues have greatly helped in addition to the investments and restructuring of many of the sectors under the Public Investment Fund have contributed to bringing in these revenues which have strengthened our position and contributed to a decision like this. * The amounts of allowa

lso it will help in targeting many sectors inside and outside Saudi Arabia. One of the most important sectors to be targeted by the Fund within Saudi Arabia, is the mining sector. According to the survey of the 1970s, which was re-examined last year, | think there are mining opportunities of (Trillion and