Business · Markets · 7 hrs ago

Investment fund assets reach 1 trillion riyals for the first time

Investment fund assets reach 1 trillion riyals for the first time

Investment fund assets have reached 1 trillion riyals for the first time.

The milestone is reported in riyals, the currency used in Saudi Arabia.

Investment funds hold assets on behalf of investors.

The 1 trillion figure marks a new high for the total value of those assets.

The available information does not give a date range or explain what drove the increase.

It also does not say what may happen to fund assets next.

Sources

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