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Saudi's AlKhair Capital gets DIFC license

Saudi's AlKhair Capital gets DIFC license
AlKhair Capital Saudi has become the first regulated Saudi investment institution to be licensed to operate in the Dubai International Financial Centre (DIFC), Al-Arabiya reported quoting a statement issued on Sunday.

AlKhair received approval from the Dubai Financial Services Authority (DFSA) for a Category 4 license, and will become the first Saudi firm regulated by the Capital Market Authority to operate in the DIFC.