Saudi cash reserves....

[Petrus1983]

Can anyone give any insight into the cash reserves held in light of the oil situation, or where to find info. Does Mubdala still feature? I have Googled but there's a lot of conflicting info.

[MrJuice]

I assume you're speaking about Mubadala which is an Abu Dhabi owned entity

I understand Saudi is haemorrhaging cash to keep up public spending. They're spending more on social welfare to keep the population appeased. There are 25m+ Saudi indigenes compared to just a few hundred thousand emerstis for example

There's been lots written about all this in free UK press. Google for guardian, telegraph articles. FT articles as well if you have a subscription