24 Hrs
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الاقتصادية
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Al-Awwal launches AI stock fund
The First Investment Company focused on expanding its managed assets, which exceeded 37 billion riyals, including approximately 4 billion through global investment funds. The aim is to enable local investors to access international opportunities, especially in future sectors such as artificial intelligence. Recently, the company launched the First Selected Companies Equity Fund, which focuses on investing in future-oriented sectors. It also plans to strengthen its position in global private equity through specialized products and strategic partnerships with clients. This expansion comes as part of leveraging the opening of the Saudi market to foreign investors and increasing their interest in equity funds and advanced financial opportunities, such as the private credit funds introduced by the company.
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