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14/02/2017 15:48 AST
The Saudi Stock Exchange (Tadawul) announces the listing and trading units of Al Jazira Real Estate Investment Traded Fund "Al Jazira Mawten REIT" as of Wednesday 15/02/2017, with the symbol 4331 in the Real Estate Investment Traded Funds (REITs) sector, with a 10% daily price fluctuation limit per unit.
According to the Real Estate Investment Traded Funds Instructions announced by the Capital Market Authority (CMA) on Sunday 30/10/2016, the main investment objective of Real Estate Investment Traded Funds - known globally as REITs - is investing in developed real estate that generate rental income.
REITs are accessible to all investor segments to buy and sell REITs units in the same method currently used for equities.
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Eestablished in 1975, Bank
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Bank Al Jazira has signed an agreement with Geidea, the leading provider of unique innovative information technology solutions, to launch "Mobile POS" service for the first time in the Kingdom. This
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Saudi Arabia's Bank Al Jazira has priced a SR2 billion ($533 million) sukuk issue that will boost the lender's capital reserves, a source aware of the matter said on Tuesday.
One of the k
Saudi Gazette
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