Saudi-based SEDCO Capital launches USD30m Gulf equities fund
Located in Luxembourg, SEDCO Capital's GCC Equity Fund will sit alongside its 13 other funds, which span geographies and asset classes including public equity, REITs, public equity and income.
Dubai bourse trumps GCC peers in third quarter
The Dubai index was the best performing index in the GCC region followed by the Qatar index. Both are the constituents of the MSCI and S&P indices.
Saudi Telecom's Bahrain unit bets on data to boost revenue
Viva Bahrain, the country's No.2 telecom operator by income, expects data to account for at least half of revenue within two years - from a quarter now - as it seeks to counter a decline in conventional calls and texts.