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...
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...
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...
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...
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...
