Middle-east Arab News Opinion | Asharq Al-awsat

Media ID: 55358623
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A shadow of a passerby is reflected on an electronic board displaying stock prices

Saudi Companies Seven Months apart from Liquidation

by Shuja Al-Baqmi | Sep 19, 2016 | Business

Riyadh- Saudi companies whose losses exceed 50% of their capital now have seven months only before being completely liquefied. Administrations of these companies are taking serious steps to enhance their financial conditions. Asharq al-Awsat newspaper was informed...

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A trader points up at a display on the floor of the New York Stock Exchange in this August 20, 2012, file photo. REUTERS/Brendan McDermid

Foreign Investors Show Interest in Saudi Shares Market after Ease of Restrictions

by Shuja Al-Baqmi | Aug 29, 2016 | Business

Riyadh- Some foreign investors have expressed interest in investing in the Saudi shares market after relaxing the restrictions and setting new rules for the market that will become effective soon. The rise of foreign investors’ requests is estimated as 100% in August...

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Using EFTPOS (electronic funds transfer system at point of sale) in a store in Sidney, Dec. 11, 2012. REUTERS/Tim Wimborne

Foreign Investors’ Ownership in Saudi Share Market Likely to Rise 100% in Ten Months

by Shuja Al-Baqmi | Aug 15, 2016 | Business

Riyadh- Following Saudi Arabia’s decision to relax restrictions on foreign investment in the local market, experts forecast that foreign investors’ ownership will pick up 100% by the second half of 2017 knowing that it now represents 4.1% of the market value in...

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economy

Procedures to Prevent Gray Funds’ Leakage to Financial System

by Asharq Al-Awsat | Aug 8, 2016 | Business

Riyadh- Capital Market Authority affirmed its keenness on the safety of invested funds in the capital market and their adherence with existing law. CMA reiterated that it has issued in December 2008 regulations of combating money laundering and terrorism funding. Item...

Media ID: 55355697
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A man walks past the Kingdom Centre Tower in Riyadh, Saudi Arabia April 12, 2016. REUTERS/Faisal Al Nasser

Saudi Capital Market Authority Issues Draft Real Estate Investment Traded Funds Instructions

by Shuja Al-Baqmi | Aug 3, 2016 | Business

Riyadh- Saudi Capital Market Authority unveiled a draft on real estate investment traded funds instructions. The draft prohibits the investment of real estate funds in white lands, or urban lands that are not being developed by their owners. These updates coincide...