Four investment bets from a fund manager who delivered 93% return over the past year
Siddharth Oberoi of Prudent Equity AIF talks about his investment strategy as stocks hit record high
Source: moneycontrol.com
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World News | UAE-Saudi Arabia Weekly Flights Soar 13.3 Pc to 383 During Ramzan
Get latest articles and stories on World at LatestLY. The authority explained that flydubai increased its flights to the Kingdom by 40 per cent from 93 weekly flights in February to 130 flights in March, covering destinations such as Abha, Jazan, Neom, AlUla, Qaisumah, Dammam, Qassim, Hail, Hofuf, Jeddah, Riyadh, Madinah, Taif, Yanbu, Najran, and Tabuk. World News | UAE-Saudi Arabia Weekly Flights Soar 13.3 Pc to 383 During Ramzan.
Source: latestly.com
AIFs seek capping of NBFC investments into funds at 10% of corpus
The ask comes on account of concerns relating to independence with respect to investment decision making in certain AIFs which has high share of their corpus from NBFCs.
Source: moneycontrol.com
KSA Business: Saudi Modon draws $3.8bn industrial investments in 2023
Saudi Authority for Industrial Cities and Technology Zones (Modon)
Source: gdnonline.com
Saudi Arabia's MODON Attracts SAR14.45 Bln in Industrial, Logistical Investment in 2023
The Saudi Authority for Industrial Cities and Technology Zones (MODON) released its annual report for 2023, highlighting significant progress in attracting investments, developing industrial infrastructure, and promoting sustainable industrial growth, all in line with the aspirations of Saudi Vision 2030, reported the Saudi Press Agency on Monday. The report details a SAR14.45 billion increase in cumulative investments during 2023. New investments surged by 63%, with 891 local and foreign investments secured. Notably, foreign investments grew by 85% over 2022.
Source: aawsat.com