Saudi Arabia snaps up $7.7 billion shares in world’s leading companies
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Saudi Arabia made its presence felt in the market amid the coronavirus economic crisis. The Arab country bought a staggering $7.7 billion shares in some of the highly lucrative companies in the world. The shares were snapped up in global corporate leaders like Boeing, Facebook, Disney, Marriott and Starbucks along with Citigroup and Bank of America, and took holdings in oil giants BP, Total and Royal Dutch Shell.