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MIDDLE EAST & AFRICA |
| BMB Group |
| Duet Group |
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| Jadwa |
| Gulf Merger |
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Unlike many of the 100-odd new Saudi investment firms, Jadwa is not just a brokerage or an under-employed Saudi equivalent of an international firm. Created three years ago by Prince Faisal Bin Salman and other Saudi investors, Jadwa is Shariah compliant and has the sixth-largest asset management portfolio in the Kingdom.
In April, the firm had to abandon efforts to raise an equivalent of $3.3
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