Falcom To Launch First Saudi ETF
Falcom Financial Services has received regulatory approval to unveil Saudi Arabia’s first ETF.
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Falcom Financial Services has received regulatory approval to unveil Saudi Arabia’s first ETF, Reuters reports. The investment bank will launch the Falcom Saudi Equity ETF this month.
The fund will be open for investment to foreign investors. The regulator had recently permitted indirect foreign ownership through swap agreements.
Click here for the story from Reuters.