Saudi banking-corporation offers investment fund for women

Published June 6th, 2001 - 02:00 GMT

Al-Rajhi Banking and Investment Corporation recently offered a special investment fund for female customers, known as the “Jawhara Women’s Fund”, according to reports in London based Al-Hayat. The new fund enables to invest long-term in the various stocks of local and international companies.  


Similar initiatives are expected to be launched by other Saudi banks. Several banks have lately shown rising interest in doing business with local women, who are increasingly joining the state-owned labor sector as well as the business and investment sectors. –(MENA Report) 


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