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Assets of Saudi Investment Funds and Remittances
Saudi Press Agency Published in Saudi Press Agency on 24 - 05 - 2010

The gross assets of investment funds managed by investment companies in the Kingdom of Saudi Arabia increased by 4 percent with a value of SR 3.6 billion to a total of SR 93.1 billion in the first quarter of this year, compared to a decrease of 4.6 percent with a value of 4.3 billion in the previous quarter; while the annual growth rate rose by 20.6 percent with a value of SR 15.9 billion, Saudi Arabian Monetary Agency (SAMA) said in its report.
Meanwhile, the report entitled "Economic Developments During the First Quarter in 2010," noted that remittances of Saudi Automated System "Speed Cash" amounted to SR 17.411 billion in the first quarter of the year in 2010.

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