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Sedco Capital, a shariah-compliant asset management advisory firm, said it has completed the additional offering of its real estate investment traded (REIT) fund, thus increasing its total asset value by 64 per cent to SR1.8 billion ($479 million).
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DUBAI: Saudi Arabia-based asset management firm SEDCO Capital has launched an additional offering of its real estate investment trust fund to increase asset value by SR702 million ($187 million). The offering period will run for five days until Dec. 16, the company said in a statement. The price is set at SR10 per unit. SEDCO Capital wants to increase the total asset value of
The Islamic Jihad movement yesterday called on Palestinians to 'clash with the Israeli occupation' in support of the six hunger striking prisoners in Israeli detention. The Palestinian Prisoner...