Saudi newspapers highlighted in their editorials today a number of issues at local, regional and international arenas. Al-Youm newspaper commented in its editorial entitled the largest sovereign fund in the world, saying that the interview of American Bloomberg Agency with Deputy Crown Prince Mohammed bin Salman bin Abdulaziz, Second Deputy Premier and Minister of Defense confirms the safety of the Saudi economy and its future stages, where working is underway to establish a sovereign fund, worth two trillion dollars, for the post-oil period, as well as the purchase of the four largest companies for stock exchange in the world. The paper pointed out that these two steps draw a bright economic future for the Kingdom, in addition to other steps to support the Saudi economy such as the sale of Aramco company's stake by five percent until 2018 and converting it to a large industrial conglomerate, which is an important and vital step towards building the Kingdom's integrated economy. --More
