Sahara Petrochemicals to launch investment portfolio

18/06/2015 Argaam

Sahara Petrochemicals Company (Sahara) said on Thursday that it will start diversifying its income through investments as recommended by the company’s board of directors.

 

The company said it will fund the new portfolio through its treasury, adding that investments will be made according to its rules, and in portfolios approved by the Capital Market Authority (CMA).

 

Financial impact will be announced at the end of every quarter as required by the market regulator, it said.

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