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UAE, Qatar may invest in SoftBank's $100bn fund

TOKYO -- SoftBank Group is calling on sovereign wealth funds in the United Arab Emirates and Qatar to invest in a $100 billion technology fund the Japanese company is setting up with Saudi Arabia.

SoftBank plans to pour at least $25 billion into the SoftBank Vision Fund over the next five years, with Saudi Arabia's sovereign wealth fund expected to contribute $45 billion. The UAE and Qatar are said to be interested in chipping in.

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