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Investment capital of Middle East's top ten sovereign funds to hit $10tn by 2030: HKEX CEO

RIYADH: China is likely to benefit from the Middle Eastโ€™s sovereign funds, as their investment capital is forecast to reach $10 trillion by 2030, according to the CEO of the Hong Kong Stock Exchanges and Clearing Ltd. Speaking on the second day of the 10th Arab-China Business Conference, Nicolas Aguzin, predicted regional sovereign fundsโ€™ resources to swell by 150 percent, up
Ar Riya Saudi Arabia Hong Kong Nicolas Aguzin Clearing Ltd Middle East

Riyadh event helped connect Arab world and China, say industry leaders

RIYADH: Participants of the 10th Arab-China Conference that concluded in Riyadh on Monday are optimistic that the evolving economic landscape of Saudi Arabia and Chinese expertise will help drive a huge transformation in the Kingdom and the wider Middle East. Rupert Hoogewerf, a researcher who founded the Huron Report, was one of the many key business personalities present at
Ar Riya Saudi Arabia Hong Kong Nicolas Aguzin Rupert Hoogewerf Clearing Ltd

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Allied Financial Services' Registration Cancelled by SEBI

Market regulator Securities and Exchange Board of India (SEBI) has cancelled the registration certificate of Allied Financial Services Pvt Ltd (AFSPL), granting disproportionate exposure and promising assured returns to clients, misreporting data, dealing with unregistered entities and failing to maintain sufficient net worth.
Dalmia Bharat Ashwani Bhatia Jitendra Kumar Tiwari Himanshu Arora Awanish Kumar Mishra India Ltd

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