Saudi Arabia
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.
Ashmore steps up operations in the Gulf
Ashmore appears to be stepping up its activity in the Middle East, with the appointment of its former Turkey chief executive to lead its efforts in Saudi Arabia.
Middle East | 23 Jul 14
Saudi Arabia opens 530bn stock market
Saudi Arabia is to open its stock market to direct investment by foreign financial institutions (FFIs) in the first half of next year, giving them access to its $530bn bourse.