The State Oil Fund (SOFAZ) experienced a loss of $2.46 billion (-5.2%) in investment revenues last year due to the depreciation of bonds and shares in its portfolio, according to SOFAZ's financial report for 2022. Despite this, the fund's assets increased from $45.03 billion to $49.03 billion by the end of the year. The report reveals that 62.1% of the portfolio was invested in debt obligations and money market instruments, 19.6% in stocks, 6.2%...

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