Valu’s Post

Qualified Foreign Investors in Saudi Arabia: Opportunities and Role of Trade Operations #SaudiMarket #ForeignInvestment #QualifiedForeignInvestors #TradeOperationsKSA A Qualified Foreign Investor (QFI) is an institutional investor allowed by Capital Market Authority KSA's rules to invest directly in the Saudi stock market. This includes sovereign wealth funds, asset managers, banks and listed firms. #CMA #InstitutionalInvestors #SovereignWealthFunds #AssetManagers #Banks Benefits for QFIs investing in Saudi include exposure to lucrative sectors undergoing rapid growth under #Vision2030 such as petrochemicals, mining, infrastructure and banking. They can also benefit from rising local consumer spending. #Vision2030 #GrowthSectors #Petrochemicals #Mining #Infrastructure #Banking #ConsumerSpending QFIs typically pursue larger market-leading companies offering stable dividend yields and capital appreciation potential. Some have invested in initial public offerings on Saudi Tadawul Group to tap into new listings. #MarketLeadingCompanies #DividendYields #CapitalAppreciation #IPOs #Tadawul Broker-dealers like Al Rajhi Capital , Northern Trust , HSBC and J.P. Morgan support active QFI participation through their trade operations functions. This includes executing and settling trades, disbursing dividends/corporate actions, and providing portfolio reports/support. #BrokerDealers #TradeExecution #Settlement #PortfolioReporting #ClientSupport By facilitating efficient QFI access, local trade operations teams contribute to financial integration goals under Vision 2030 and greater foreign capital inflows into Saudi's high-potential market. #FacilitatingAccess #FinancialIntegration #ForeignCapitalInflows #MarketPotential

FTSE Russell, An LSEG Business extends its congratulations to China Southern Asset Management Co., Ltd. and Huatai-PineBridge Fund Management Co., Ltd. (Formerly AIG-Huatai) for the launch of mainland China's first Saudi Arabia exchange-traded funds, offering mainland investors exposure to the stock market of Gulf Cooperation Council's (GCC) largest economy. The two feeder funds, mirroring the CSOP Saudi Arabia ETF [ticker: 2830] which tracks the FTSE Saudi Arabia Index, will operate under the Qualified Domestic Institutional Investor (QDII) program. – The right ETF starts with the right index – Find out more about the FTSE Saudi Arabia indices: 👉 FTSE Saudi Arabia Net Tax Index Factsheet: https://lseg.group/3uu4LtC 👉 FTSE Saudi Arabia Inclusion Index Series Methodology overview: https://lseg.group/47GiGM5 #FTSERussell #Indexinvesting #SaudiArabia #ETFs

#Investcorp Launches a USD 1 billion Platform, To Be Anchored by China Investment Corporation, to Invest in the #GCC and #China Investcorp, a leading global alternative investment firm, and China Investment Corporation (“CIC”), one of the world’s largest sovereign wealth funds, have today announced the launch of “Investcorp Golden Horizon” to invest in high-growth companies across Saudi Arabia, the rest of the countries of the Gulf Cooperation Council (the “GCC”) and China (the “Platform”). The Platform has a target size of USD 1 billion and will be anchored by reputable institutional and private investors from the GCC, as well as CIC. Target companies are expected to have high growth potential in attractive sectors, including consumer, healthcare, logistics and business services. The Investcorp Saudi Pre-IPO Growth Fund, which is part of the Platform, has already announced three investments in the GCC..... https://bit.ly/3Wea2RV Investcorp LetsTalkCity #Dubai #Business #Investment #UAE #GCC #MiddleEast

The EDB and the Brazilian Development Bank BNDES signed a memorandum of cooperation during COP28 UAE UAE in Dubai. The banks plan to collaborate in treasury operations, trade and project finance, as well as #ESG, #industrial, #sustainability and macroeconomic research. Additionally, they focus on the #development of private sector companies by facilitating their access to new markets. Conrad Albrecht, CFP®, CFA ESG, EDB Managing Director, highlighted that economic cooperation between the Bank and Brazil was expanding every year, both bilaterally and through interactions with #BRICS. The EDB intends to actively foster this partnership, especially in collaboration with the BNDES balancing the interests of all parties and facilitating joint projects. Natalia Dias BNDES Managing Director, said that the beginning of this collaboration would allow the exchange of experiences and knowledge and potential common investment to identify #synergies for the development of partnerships between the #EDB countries and #Brazil.

FTSE Russell, An LSEG Business is delighted to announce the licensing of the FTSE Saudi Arabia Index to CSOP Asset Management in Hong Kong. The FTSE Saudi Arabia Index is a market-capitalisation weighted index representing the performance of large and mid-cap Saudi Arabia companies that are constituents of the FTSE All World Index. The index is designed for international investors and applies a 49% foreign ownership limit in line with the Qualified Foreign Investor (QFI) program. – The right ETF starts with the right index – To find out more about the FTSE Saudi Arabia indices, download the following resources: FTSE Saudi Arabia Net Tax Index Factsheet: https://lseg.group/3uu4LtC FTSE Saudi Arabia Inclusion Index Series Methodology overview: https://lseg.group/47GiGM5 #FTSERussell #IndexInvesting #SaudiArabia

Join us at the Fintech & Financial Markets Summit Oman on February 14-15, 2024, at Sheraton Oman Hotel, booth no. 8! If you would like to have a short meeting or a coffee with us to chat about trading strategies and the future of finance, stop by our booth! #FintechSummit #CurrencyTrading #Oman #UAE #TradersHub_ae #AbuDhabi #Trading

Excellent capital markets development for the region

Ziad Hamdy, CPA, CMA, ESAA The Egyptian government has just concluded a UAE’s investment in the Ras el Hekma Project on Egypt’s North Coast. Egypt/UAE sign $35bn Ras el Hekma investment agreement ⚫️ $15bn payment by UAE due within one week: ◾️ $5bn conversion of CBE deposits ◾️ $10bn ‘fresh’ inflow ⚫️ $20bn due within two months: ◾️ $6bn conversion of CBE deposits ◾️ $14bn ‘fresh’ inflow According to Goldman Sachs, the inflow of FX should provide the Centeral Bank of Egypt “CBE” with sufficient liquidity to clear the FX backlog and clear the FX market in the coming days or weeks. This may involve some devaluation of the official exchange rate, but Goldman Sachs believes the magnitude of any devaluation is likely to be relatively modest compared to current market pricing given the FX resources that will be available to the Egyptian authorities (and in the monetary system) and thier expectation of a sharp drop in speculative / hedging demand for FX in the Egyptian economy on the back of the announced investment and this shall provides an opportunity for Egypt to restore two-way liquidity in the FX market in the coming days and weeks.

𝐂𝐡𝐚𝐫𝐭 𝐨𝐟 𝐭𝐡𝐞 𝐰𝐞𝐞𝐤 – 𝐉𝐮𝐥𝐲 𝟏𝟗, 𝟐𝟎𝟐𝟒 An increase in China-Middle East investment cooperation has been a key theme for 2024. This has included agreements between China Investment Corporation and the likes of Investcorp and Bahrain Mumtalakat Holding Company ("Mumtalakat"), plans to establish an onshore office by Public Investment Fund (PIF) and FII applications from several middle eastern SWFs. The latest development is two Saudi Arabia ETFs onshore (both feeders into a Hong Kong-listed product from CSOP Asset Management) – each of which listed this week. Both ETFs hit the upper 10% trading limit on their first two trading days; the exchange subsequently imposed a one-hour halt at the start of trading on July 18 and added these funds to its watchlist. This is the continuation of a trend we have seen across other outbound products this year. While offshore investment demand is certainly strong, quota shortages have led to and exacerbated the effects of significant retail speculation.

Stay informed with IPA's analysis as S&P Global Ratings upgrades Egypt's credit outlook to positive. Explore the potential implications and rationale behind this significant rating change. #CreditRating #SandP #EgyptEconomy #EconomicReform #ExchangeRate #FiscalConsolidation #InvestorConfidence #GrowthPotential #punlicpolicy #publicaffairs