Middle-east Arab News Opinion | Asharq Al-awsat

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A Saudi man looks at stocks at the Tadawul Saudi Stock Exchange, in Riyadh, Saudi Arabia, on June 15, 2015, as the 585 billion US dollar exchange opened up to direct foreign investment for the first time Monday. (AP Photo/Hasan Jamali)

Saudi Arabia opens stock market to foreign investors

by Shuja Al-Baqmi | Jun 16, 2015 | Business

Riyadh, Asharq Al-Awsat—Saudi Arabia’s stock market, the Tadawul, on Monday opened to foreign investors, a long-awaited move for the Middle East’s largest bourse. Despite a market capitalization of 585 billion US dollars, this is the first time the Tadawul has opened...

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Kuwaiti traders follow the market’s movement at the Stock Exchange in Kuwait City on December 18, 2014.
(AFP Photo/Yasser Al-Zayyat)

More, larger IPOs expected in Middle East during 2015: Ernst Young

by Fatah Al-Rahman Youssef | Jan 20, 2015 | Business

Riyadh, Asharq Al-Awsat—IPO activity in the Middle East is expected to increase considerably during 2015, a report by global professional services firm Ernst Young concluded, as the region recorded its most successful year for stock market debuts since before the...

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File photo of people and vehicles are seen caught in a traffic jam in front of the Central Bank of Egypt’s headquarters in downtown Cairo. (Reuters/Amr Abdallah Dalsh)

Egypt banks prepare for June 30 protests

by Sharif Yamani | Jun 29, 2013 | Business

Cairo, Asharq Al-Awsat—A state of caution and anticipation surrounds the Egyptian Stock Exchange in central Cairo as it prepares for massive anti-government protests planned for June 30. Banks in central Cairo also implemented extensive security measures in order to...