by Shuja Al-Baqmi | Jul 27, 2017 | Business
Riyadh- In a move aimed at raising the level of investor protection in the Saudi stock market, the Saudi Capital Market Authority (CMA) has decided to develop a specialized department to protect the investors. The department will receive investors’ complaints...
by Shuja Al-Baqmi | Jul 3, 2017 | Business
Riyadh- Saudi stock market resumed its trading on Sunday – following Eid al-Fitr holiday – amidst newly achieved gains of around 60 points, causing the market index to jump to its highest rate since 20 months. On the level of Saudi stock market performance during the...
by Shuja Al-Baqmi | May 15, 2017 | Business
Riyadh- The program for financial sector development – one of the programs to achieve Saudi Vision 2030 – has become an essential step towards developing the domestic capital market and putting it among the top 10 biggest capital markets in the world. This coincides...
by Shuja Al-Baqmi | Oct 3, 2016 | Business
Riyadh- In a remarkable step, the Capital Market Authority (CMA) announced on Sunday extending Zain Saudi Arabia’s license in the kingdom for 15 years, saying it would also take five percent of the firm’s annual net income. This is a notable step in the...
by Shuja Al-Baqmi | Sep 20, 2016 | Business
Riyadh- Interests imposed on funding operations, which have increased lately, became one of the factors expected to contribute in maintaining the Saudi banks’ profitability in the upcoming period. This indicates that banks might achieve during the second half of 2016...
