Saudi Arabia: NCB Capital introduces aviation fund| MENAFN.COM

Wednesday, 01 February 2023 09:39 GMT

Saudi Arabia: NCB Capital introduces aviation fund


(MENAFN) Saudi Arabia's NCB Capital (DIFC) Limited was declared to have commenced its NCB Capital Aviation Fund, with it increasing the USD200 million commitments by a private placement.

The fund was explained to be providing investors with an exposure to the global aviation leasing industry, with the industry guaranteed to hold up for further thirty years and more.

NCB Capital's chief executive officer Sarah Al-Suhaimi declared "we were delighted to offer this unique investment opportunity to our investors."

The chief continued "the fund attracted a large number of investors, highlighting the appeal of this differentiated opportunity. NCB Capital is committed to offering a robust platform of innovative and diverse investment solutions that meet our clients' needs."

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