Middle-east Arab News Opinion | Asharq Al-awsat

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A broker monitors stock prices on a screen at the Saudi Investment Bank in Riyadh. Photo: Reuters

165 Saudi Firms to Release Q2 Financial Results

by Shuja Al-Baqmi | Jul 15, 2017 | Business

Riyadh- Around 165 Saudi firms are preparing to release their financial results of the second quarter of 2017, amid expectations that the profits of the companies listed in the stock exchange market will witness some growth compared to the same period in 2016. In this...

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A trader monitors stock information at Dubai Financial Market, in Dubai, United Arab Emirates, November 9, 2016. REUTERS/Stringer

Saudi Shares Reach Highest Rate in 20 Months

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...

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An investor monitors a screen displaying stock information at the Saudi Stock Exchange (Tadawul) in Riyadh, Saudi Arabia January 18, 2016. REUTERS/Faisal Al Nasser

Appointment of Crown Prince Pushes Stock Market above 7,300 Points

by Shuja Al-Baqmi | Jun 22, 2017 | Business

Riyadh- The Saudi stock market has achieved on Wednesday the highest daily gains in two years, in the first session following the appointment of prince Mohammed bin Salman as a crown prince. The stock market succeeded on Tuesday in entering the watch-list of MSCI...

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Capital Markets Authority logo.

Capital Markets Authority Expects Saudi Arabia’s Entry to MSCI Index in 2018

by Shuja Al-Baqmi | Jun 19, 2017 | Business

Riyadh – Capital Markets Authority (CMA) expected the domestic market to enter the MSCI after officials expressed a serious wish to add the Saudi stock market to the biggest index in the world. MSCI will decide on Tuesday whether to include Saudi Arabia on its...