Norway’s oil fund is invested in 9,146 companies around the world, but its biggest boost last year came from Apple. It has a 0.9% stake in the US tech company, which has a market value of more than $8 billion. Last year, Apple’s share price rose 46%.
The next largest contributions to the fund’s return came from Tencent, a Chinese tech company, and Microsoft. The worst-performing investments were GE, Exxon Mobil, and Israeli health care company Teva Pharmaceutical Industries.
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Norway is like Saudi Arabia with a Brain.
And less mouths to feed. Norway population 5 million. Saudi population 32 million.
Damn. No wonder they have the highest concentration of millionaires. With 5 million, its easy to beat a country with even 20 million. Alafu there is a significant divergence in cultural temperament between Middle Easterners and Nordic Europeans with regard to materialism
Parking spaces mob za Oslo hukosangi Tesla kadhaa… and the biking culture is good too.
To be to Saudi, Mbs is trying to do something similar
tuwachane na tilapia na Omena we eat some salmon and rotten cheese
You know maziwa Lala is rotten milk.
Na Qataris wako 300k pekee
And unlike Kenya hawana culture ya ukora.
They have no need to steal. If you fall on hard times , the state will support you in such countries, and your kids won’t have to suffer.
In Kenya you hit hard times and you are fucked. That’s why the likes of Obado are looting with avarice.
But remember some of these rich countries have fell into even harder times than Kenya na bado wakainuka. Countries like Germany and Japan walitandikwa during ww2 to the point of total structural and economic ruin na bado waliamka within a few years into 1st world status.
Shida yetu ni kuzaana sana,kupraise and encourage culture ya ukora.