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Saudi Arabia's economy emerging fast from pandemic's effect

With the outbreak of the coronavirus disease pandemic, the world came to a screeching halt. With active vaccination campaigns and effective travel and social restrictions, the world managed to return to some normality and the global economy started to rebound amid fears of the virusโ€™ mutations haunting mankind. Economies of different countries are recovering at different pace
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Saudi investment fund assets rise 26% to $117bn in 2020

JEDDAH: The total amount of assets held by investment funds in Saudi Arabia increased by 26 percent year-on-year to SR442 billion ($117.87 billion) in 2020, according to data released by the Capital Market Authority (CMA). During the period, the number of investment funds in the Kingdom increased to 691 from 607 in 2019, with 254 public funds and 437 private funds. Investment
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