| From Reuters: Qatari Islamic lender Masraf al-Rayan MARK.QA on Monday said it had launched a new GCC-wide fund with a mandate to manage up to $1.1 billion and focus on Gulf equities, as well as fixed income instruments.
"We believe the time is ripe to launch a fund to tap into the region's enormous potential, especially as valuations remain very attractive," said Hussain Ali Al Abdulla, chairman and managing director of Masraf al-Rayan, in a statement on the Qatar bourse website............................................Full Article: Source
|