Capital Market Authority approves MENA Equity Fund
The Capital Market Authority has approved Riyad Capital's offering of units in the Riyad Middle East and North Africa Equity Fund in general, with the requirement to inform investors of the terms and conditions that include investment strategies and potential risks. It emphasized that its approval does not constitute an investment recommendation and that complying with regulatory requirements is the primary purpose of the decision. At the same time, it highlighted the importance of carefully studying the conditions or consulting the fund manager to assess the feasibility of the investment.
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