The investment giant Blackstone Group, headed by Steve Schwarzman, announced a major deal with Saudi partners during the visit of US President Donald Trump in Riyadh last weekend - on AMarkets materials.
Schwartzman is a key adviser to the president on foreign policy.
Blackstone to launch infrastructure investment projects worth $ 40 billion. At the same time Saudi Arabia Fund will make a public investment in the project is still at least $ 20 billion.
After the news of the future transaction, Blackstone shares soared in price. Currently, the value of one share is at $ 32, which is the highest figure for the year.
