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The Toshka land is owned by a Kingdom Holding unit called Kingdom Agricultural Development Co.
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Only weeks earlier, a Lockheed unit in the United Kingdom was granted an exploration license by the International Seabed Authority to mine polymetallic nodules on the ocean floor between Hawaii and Mexico.
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Unregulated by the US Securities and Exchange Commission (SEC), the UK Financial Conduct Authority (FCA) or other relevant regulators, hedge funds are not subject to the limitations and restrictions imposed on their public fund brethren, such as retail mutual funds in the United States or authorised unit trusts in the United Kingdom.
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