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SICO BSC (c), a leading regional asset manager, broker, market maker and investment bank (licensed as a wholesale bank by the CBB), has announced today the launch of Elzaad Sukuk Fund in partnership with Wafra International Investment Company, the wealth management provider . SICO will act as the fund manager and Wafra as the investment advisor, with the Central Bank of Bahrain as the regulator.Elzaad Sukuk Fund is a moderate risk fund that will invest in a diverse portfolio of Sukuk and other Sharia-compliant fixed income instruments issued by sovereign, quasi sovereign, and corporate issuers globally. The Fund will focus on the MENA region, offering clients the opportunity to penetrate global markets. Securing monthly liquidity for investors, the Fund begins investments at a minimum of...
October 22, 2023
SICO Partners with Wafra International Investment Company to Launch Elzaad Sukuk Fund
October 22, 2023
Takamol inks 17 agreements at GITEX
October 20, 2023
Petromin Stellantis unveils Electric Models Fiat -500e, Abarth-500e and Fiat Professional E-Doblo
October 19, 2023
OMODA brand ecosystem unveiled: Pioneering a new trend for young generation through user co-creation
October 19, 2023
'With Hope, You Are Stronger': IMC launches breast cancer awareness campaign
October 18, 2023
TASAWAR exhibition welcomes Riyadh Fashion Week visitors to explore beauty of fashion design and the power of technology
October 18, 2023
QUANTRON and Electromin realize the largest deployment of zero-emission trucks in Saudi Arabia
Majid Al Futtaim, owner and operator of Carrefour in Saudi Arabia, announced the launch of its first Carrefour store in Ha’il City, situated in the northern region of the Kingdom. This brings the total number of stores in Saudi Arabia to 24 stores.The official opening ceremony was attended by the Governor of Ha’il, His Royal Highness Prince Abdulaziz bin Saad bin Abdulaziz Al Saud, and a number of dignitaries and businessmen, in addition to a group of senior administrators from Majid Al Futtaim, including Mohammed Al Assaf, Country Manager of Carrefour Saudi Arabia at Majid Al Futtaim Retail.The new store, located in Ha’il Plaza, spans over 3,500 square meters, and offers more than 20,000 products, 40% of which are locally produced. The store also looks to employ more than 70...
October 18, 2023
Majid Al Futtaim inaugurates its first Carrefour store in Ha’il
October 18, 2023
stc group launches biggest-ever expansion of the 5G network in its history
October 18, 2023
Black Banx`s founder Gastauer ready to bridge banking innovation in Middle East
