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Derayah buys prime Riyadh property for $5.9mDerayah REIT, a shariah-compliant close-ended traded real estate investment fund in Saudi Arabia, said one of its units has acquired a prime property, Raseel Medical Centre, located in Al Mansourah District of capital Riyadh for SR22 million ($5 More… |
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Saudi residential real estate 'most attractive'The residential real estate market in Saudi Arabia is one of the most attractive globally with capital city Riyadh topping the list followed by Jeddah and Dammam, according to a report by Derayah Financial. Saudi-based Derayah Financial is More… |
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Derayah launches investment research portalDerayah Financial has joined hands with 'Argaam Business Info', the parent company of Argaam.com, to launch “Abhath Derayah” an investment research and information portal for regional financial markets. Derayah is a CMA certif More… |
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Al Rajhi, Derayah ink distribution pactAl Rajhi Capital, the investment arm of Saudi-based Al Rajhi Bank, has announced the signing of a distribution agreement with Derayah Financial, the largest mutual fund supermarket in the Middle East. As per the agreement, Derayah will mak More… |
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Budget boost, oil prices 'to spur ME economy'Increased budget outlay in larger economies, such as Saudi Arabia, and a stable oil price will add to the momentum of economic activity in Middle East region, said Derayah Financial in its quarterly report. Derayah Financial is an ind More… |
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Derayah posts 8pc growth in assetsDerayah, a leading investment fund in Saudi Arabia, has posted a growth rate of 8 per cent in its assets over the past five years from SR60 billion ($16 billion) to SR89 billion. However, the stock market index has dropped during the same More… |
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Saib BNP, Derayah sign MF distribution dealSaib BNP Paribas Asset Management Company, a leading asset manager in Saudi Arabia and the Middle East, has announced the signing of a distribution agreement for a selection of its mutual funds with Derayah Financial. Saib BNP is a joint v More… |
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Derayah launches region's largest MF supermarketSaudi-based Derayah has announced the launch of the largest mutual fund supermarket in the Middle East region, which enables clients to invest in over 60 mutual funds managed by more than 7 banks and investment companies. The only independ More… |
