It has added ‘seasoned business leaders’ from the likes of Emirates, LuLu Group, Franklin Templeton and Al Hail Holding
Franklin Templeton Investments
Shining the spotlight on Saudi Arabia: Improved oil prospects, diversification, and investment opportunities
Saudi Arabia’s economic rebound is drawing attention with an obvious boon from rising oil prices. Outside of hydrocarbons, the country is continuing to diversify and reform in a number of sectors as part of its ambitious Vision 2030.
Bahrain’s Investcorp adds heavyweight advisor as it targets growth in India
Renowned emerging markets investor Mark Mobius is appointed advisor to Investcorp’s India business
Revealed: Regional and international investment landscape in a post-coronavirus world
The pandemic is in the “rearview mirror” for the GCC as economic recovery continues and outlook is positive Franklin Templeton executives agree
Lebanon should consider debt restructuring, says Franklin Templeton
A debt overhaul needs to be part of a reform programme backed by lenders such as the International Monetary Fund, according to Franklin Templeton Investments
Franklin Templeton Investments planning Saudi ETF
There’s only one such fund currently – the iShares MSCI Saudi Arabia ETF – which has $269 million in assets
Anaylsis: What will MSCI’s emerging market status mean for Saudi Arabia
The kingdom’s inclusion on MCSI’s Emerging Market index will provide billions of dollars in passive inflows just as the country is seeking to modernise its economy
Saudi Arabia wins coveted emerging-market status in MSCI upgrade
Analysts estimate MSCI’s decision on Saudi Arabia will lead to billions of dollars from money managers worldwide and help improve liquidity in the biggest stock market in the Middle East
MSCI’s expected upgrade to see billions of infow to Saudi Arabia
Analysts believe that the move could lead to inflows of approximately $10 billion of passive inflows into the country.
Franklin Templeton funds awarded QFI status in Saudi Arabia
Franklin Templeton is evaluating opportunities to expand its Shariah business, which grew 32 percent in 2017.
US investment firm warns of economic crisis in Bahrain
Franklin Templeton Investments cuts its debt holdings in Bahrain, citing the ‘very serious’ threat of a crisis in the next 12 months
Virgin Mobile Middle East raises $30m in pre-IPO sukuk
Mobile virtual network operator says funds will be used to support its expansion in the region
Opinion: why GCC fixed income is an overlooked asset class
Many investors could be underinvested in Gulf Cooperation Council (GCC) bonds, according to Dino Kronfol, chief investment officer, Global Sukuk and MENA Fixed Income
Investors brace for FTSE verdict on Saudi Arabia, Kuwait
FTSE decision could spur a surge in inflows to both markets and be a prelude to MSCI inclusion next year