Subscriptions in local and foreign investment funds totaled $1.95 billion in 2016, according to the annual report of the Capital Markets Authority (CMA) for 2016. This represents an increase of 17 percent compared with the subscriptions recorded in 2015.
The increase in the value of subscriptions was the result of new regulations and new measures taken by the CMA which have encouraged investment in financial securities, said Tarek Zebian, Director of Research and Communication at the CM...
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