ABU DHABI/GULF TIME The Abu Dhabi Securities Exchange (ADX) Group announced that it has achieved …
Read More »HSBC to advise Saudi pension fund on financial hub sale
Bloomberg The local unit of HSBC Holdings Plc is advising Saudi Arabia’s Public Pension Agency on the sale of its struggling financial hub to the country’s sovereign wealth fund, according to people familiar with the matter. The Public Investment Fund is offering to acquire the Riyadh district for less than the pension fund’s 30 billion riyals ($8 billion) investment, …
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