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National Development Fund Signs MoU with Northern Trust Worth up to SAR12 Billion to Boost Asset Management Efficiency, Diversify Global Investments

Riyadh: The National Development Fund signed a memorandum of understanding (MoU) with global firm Northern Trust worth up to SAR12 billion during the Saudi-U.S. Investment Forum. The MoU aims to develop domestic and international investment strategies and establish a future commitment for Northern Trust to provide investment management services, in

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Saudi Stock Exchange Ends Trading Higher

Riyadh: The Saudi Stock Exchange Main Index ended trading higher today, gaining 11.96 points to close at 11010.63. The total value of traded shares amounted to SAR3.1 billion. According to Saudi Press Agency, the Saudi Parallel Market Index (Nomu) also closed higher, gaining 179.41 points to settle at 24071.88, with

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Second Saudi-U.S. Investment Forum Kicks Off in Washington

Washington: The second edition of the Saudi-U.S. Investment Forum opened on Wednesday in Washington under the theme ‘Leadership for Growth: Strengthening the Saudi-U.S. Economic Partnership.’ The event forms part of investment cooperation between the two countries, underpinned by a strong record of mutual understandings and renewed partnerships. According to Saudi

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