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Citi, Ashmore approved to buy Saudi stocks directlyUS bank Citigroup Inc and emerging markets-focused investment manager Ashmore Group have won permission from the Saudi Arabian regulator to invest directly in the local stock market, industry sources said. The kingdom opened its $ More… |
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Ashmore set to apply for Saudi investing licenceEmerging markets-focused investment firm Ashmore Group expects to lodge an application to invest directly in the Saudi Arabian stock market by the end of this week, its finance director told Reuters. The Gulf Arab kingdom began ac More… |
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UK firm enlists SRB to manage Islamic fundsAshmore, a London-based investment manager, has signed up with the Shariyah Review Bureau (SRB) to supervise and manage the Shari’a Advisory requirements of its Islamic investments and debt proposition. Ashmore plans to offe More… |
