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Saudi Wealth Fund Raises $3 Billion Loan Backed by Italy’s Sace

📍 Saudi Arabia, SA·🕐 3h ago·2 outlets

Saudi Arabia’s sovereign wealth fund has raised loans equivalent to around $3 billion that will be guaranteed by the Italian insurer and export credit agency Sace, as ties between the two countries and their companies continue to deepen.

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Two or more outlets reported this story and its reliability score reached 65%, so WorldPulse marks it verified. That means more than one outlet says so, not that it is proven true.

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[Claude] Report 2 describes the same PIF loans of about $3 billion guaranteed by Italy's SACE, with no conflicting facts.

2h ago
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95%

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