Saudi Arabia’s Public Investment Fund, the country’s main sovereign wealth fund, targets annual returns ranging between 3 and 9 percent across its various portfolios in the long term, its managing director said on Tuesday.
Yasir Al-Rumayyan, speaking at a major investment conference in Riyadh, added that some outlying assets could reach annual returns in the low teens.
PIF is benchmarkingRead more
The Israeli army announced in a statement Monday that it shelled two targets of the Syrian army in response to a shooting towards the northern borders.
The army said that the shooting started from the Syrian side, adding that it will not interfere in what is taking place in Syria but will defend the Israeli citizen and respond to anyRead more
Ghana and Togo are the next targets for Islamist militants following high-profile attacks this year in Burkina Faso and Ivory Coast, according to a memo from Ghana's Immigration Service.
The memo calls for better border protection in the latest sign of a heightened government response to the threat to West Africa by militants based in northern Mali who have steppedRead more
Rockets fired from Syria hit the Turkish town of Kilis on Wednesday, the local mayor told reporters, prompting Turkey's army to retaliate and hit targets across the border, according to the Daily Mail.
There were no casualties in Kilis after multiple rockets landed in an empty field, Mayor Hasan Kara asserted. Security sources said the Turkish military fired howitzers intoRead more