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FINANCIAL NEWS
UAE foreign investment funds grow by 5.6pct in 2016
23 Jun 2017
(MENAFN) The number of global investment funds recorded with the Securities and Commodities Authority in the UAE grew 5.6 percent to reach 633 by the end of last year.
Furthermore, the licensing authority of Luxembourg topped the list with 341 funds, trailed by Ireland with 85, Cayman Islands with 81, Mauritius with 23 and Jersey with 18.
Additionally, the number of funds established in KSA and promoting their products in the UAE reached 15 in the cited year.
MENAFN2306201700450000ID1095574299
MENAFN2306201700450000ID1095574299
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