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While RBI's concerns with respect to evergreening are valid, the circular in its current form will cause discomfort to genuine REs as well as pose certain practical difficulties.
The XAlt platform is positioned to draw increased investments into the AIF sector by its user-friendly and secure environment for fund administration.
The Saudi Authority for Industrial Cities and Technology Zones (Modon) has unveiled plans for 10 new development projects across six industrial cities, collectively valued at over $145 million. They are aimed at facilitating value chain initiatives.
Inspired by Middle East, ancient perfume blends are making a fragrant comeback on TikTok
Saudi General Authority of Civil Aviation has announced the opening of a new lounge at Taif International Airport following its completion. With this new launch, the Taif airport will now be able to cater to the needs of 800,000 passengers per annum.