Saudi Arabia
Middle East | 8 Jul 16
Saudi’s Sedco Capital to manage new MENA Ucits Fund
Saudi Arabia-based fund manager Sedco Capital has been awarded a mandate by Milltrust International to manage a new Middle East and North Africa (MENA) fund.
Middle East | 7 Jun 16
Saudi Arabia details plan to transform economy by 2020
Saudi Arabia has formally unveiled its National Transformation Plan, which sets out how it will more than triple its non-oil revenue, cut state handouts and create more than 450,000 new jobs in the private sector, all by 2020.
Middle East | 6 Jun 16
Saudi Arabia set to approve economic transformation plan
Saudi Arabia’s National Transformation Plan, the major part of the “Vision 2030” reform agenda announced by deputy crown prince Mohammed bin Salman in April, is expected to be approved by the government on Monday, according to media reports.
Middle East | 2 Jun 16
Saudi Arabia invests $3.5bn in Uber
The Saudi Arabian Public Investment Fund (PIF), the kingdom’s long-term sovereign investment arm has invested $3.5bn (£2.4bn, €3.1bn) in the US-based online taxi service Uber, the Saudi press agency announced.
First GCC equities fund for int’l investors launched in ADGM
Eshara Capital, the first investment fund managed out of the Abu Dhabi Global Market (ADGM), has launched its first strategy, providing global investors access to UAE and Saudi Arabian equity markets and upcoming IPOs.