Exotix partners up with Saudi Arabia's NCB Capital | Reuters:
Exotix Capital, an investment bank specialising in developing markets, has teamed up with Saudi Arabia’s NCB Capital to provide frontier and emerging markets research and local execution services.
“The Kingdom of Saudi Arabia has entered a new phase, characterized by economic reforms to diversify, strengthen and grow the economy,” NCB Capital’s head of securities division, Mohammed Al-Nory, said in a statement on Monday.
“We believe that this transformation, together with recent upgrades to key emerging market benchmark indices, will lead to tactical and long term stock market opportunities for equity investors.”
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