Al Rajhi Capital launches first sukuk fund
Al Rajhi Capital, one of the leading asset managers in the Kingdom of Saudi Arabia, has started the offering period for the Al Rajhi Sukuk Fund, a unique product investing in Global Sukuk and other shariah compliant instruments.
TADAWUL: Insurance, Energy sectors surge over 2%
Saudi Arabia's benchmark the Tadawul All-Share Index (TASI) closed at 11,112.12 and ended its Sunday's trading up over seventy points or 0.63 percent.
UAE bourses to see additional growth in 2014
The UAE and other Gulf bourses are expected to continue their upward trend during the remainder of the year, analysts said.