FINANCIAL NEWS

Khalijia Invest to maintain all operations

11 Apr 2011

(MENAFN) Saudi-based Khalijia Invest’s chairman, Hamad bin Ahmed Al Ameerya, denied previous claims that the company would shut down all operations in the Kingdom, reported Arab News.

Al Ameerya said that the company is proud to keep on operating investment companies with all its licenses in Saudi Arabia.

This statement comes in response to Reuters posting an email from an employee at the company claiming would cancel the licenses of its asset management, brokerage and custody services in Saudi Arabia.

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