| From Gulfbase.com: Mohamed El-Kuwaiz, the Managing Director of Derayah, revealed that assets of investment funds have increased in Saudi Arabia over the past five years from SAR 60 billion ($16 million) to SAR 89 billion ($23.7 million), averaging an annual growth rate of eight per cent.
El-Kuwaiz said that this was in contrast to the stock market index, which has dropped during the same period from 8,200 to 5,600 at an average annual decline rate of 7.4 per cent............................Full Article: Source
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