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Saudi Arabia s Sidra fund exceeds annual target net returns

KSA s Sidra fund exceeds annual target net returns

RIYADH: Saudi Arabia’s Sidra Income Fund, a US dollar-denominated investment fund, exceeded its annual target net return of 7.75 percent, delivering, 8.01 percent and 8.39 percent respectively in the last 24 months, said a statement. The fund, focussed on financing supply chains, is managed by Sidra Capital, which is a Shariah-compliant investment fund regulated by Saudi

Citi clients see significant opportunities in Saudi Arabia, says CEO

Citi clients see significant opportunities in Saudi Arabia, says CEO

DUBAI: Clients of global banking group Citi are seeing “significant opportunities in Saudi Arabia,” CEO Jane Fraser said, as the bank ends a high-profile delegation visit in the Kingdom. The delegation, led by Fraser, met with key government officials and selected clients to talk about Citi’s work in the region’s largest economy, the bank said. “Accelerating economic

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