Saudi Arabia
Middle East | 6 Sep 15
Fund manager Yong Wei Lee sees MENA pick up by year end
With Saudi Arabia now open to foreign investment, fund manager Yong Wei Lee, who runs the Emirates MENA Top Companies Fund, is looking to capitalise on the region’s strong potential.
Middle East | 15 Jun 15
Saudi Arabian stock exchange opens to foreign investors
Saudi Arabia has today opened its $570bn Tadawul stock exchange to direct foreign investments for the first time, which is widely seen as a crucial stepping stone to the kingdom’s entry into the MSCI Emerging Markets index.
Investment | 23 Feb 15
Deutsche AWM lists Gulf ETF
Deutsche Asset & Wealth Management, the wealth management arm of Germany’s Deutsche Bank, said it had listed Europe’s first exchange traded fund to cover equities in the Middle East Gulf region, which will include Saudi Arabia.
Barclays accused of betraying duties t
A Saudi businessmen is suing Barclays for $10bn in damages, claiming the company struck a secret settlement with the countrys government to further its own interests in the region.
Emerging Markets | 14 Oct 14
Ashmore opens in saudi to launch four funds
Ashmore has opened a local asset management office in Saudi Arabia, to give it an on-the-ground presence in the Middle East for the first time.