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Saudi Shares Reach Highest Rate in 20 Months

Saudi Shares Reach Highest Rate in 20 Months

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...
Saudi Arabia Extends Zain License for 15 Years

Saudi Arabia Extends Zain License for 15 Years

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...