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-Saudi Hollandi Capital launches new global investment funds.

Global Banking News-December 31, 2010--Saudi Hollandi Capital launches new global investment funds(C)2010 ENPublishing - http://www.enpublishing.co.uk

Global Banking News - 31 December 2010(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk

Saudi Hollandi Capital, the investment division of Saudi Hollandi Bank (1040.SA), has launched five new investment funds to investors in the Saudi market.

With the launch, the total number of investment funds in the Saudi market has increased to 22, including 10 Islamic Sharia-compliant funds.

Saudi Hollandi Capital CEO Taher Mohammed Al-Dabbagh said that the new investment funds - the Global Equity Fund and Emerging Markets Equity Fund - will be denominated in US dollars, and investing in global equity, global emerging markets and global property sectors.

Al-Dabbagh added that two Islamic Shariah-compliant alternatives will also be introduced, Al-Yusr Global Equity Fund and Al-Yusr Emerging Markets Equity Fund, which will cover ETFs traded in equities on global markets that are compliant with Islamic Shariah.

[Editorial queries for this story should be sent to gbn@enpublishing.co.uk]

((Distributed via M2 Communications - http://www.m2.com))

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Title Annotation:Saudi Hollandi Bank
Comment:-Saudi Hollandi Capital launches new global investment funds.(Saudi Hollandi Bank)
Publication:Telecomworldwire
Article Type:Brief article
Geographic Code:7SAUD
Date:Dec 31, 2010
Words:180
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