International Finance

Tag : Saudi

Trading

Saudi Stock Exchange to shift to T+2 cycle

Tadawul announces effective date for amending the settlement cycle of listed securities The Saudi Stock Exchange ‘Tadawul’ announces amending the settlement cycle of listed securities to (T+2) starting from Sunday 23rd of April 2017. This step comes after completing all necessary pilot phases to ensure full technical and functional readiness and connectivity with market participants....
Economy

Milltrust appoints SEDCO Capital for its MENA UCITS Fund

Fund aims to achieve returns for international institutional investors July 11, 2016: Milltrust International, an emerging-markets-focused asset manager has awarded SEDCO Capital, a leading global asset management firm based in Saudi Arabia, with the mandate to manage the Milltrust SEDCO MENA Fund. The Fund aims to achieve long term returns for international institutional investors by investing...