Middle-east Arab News Opinion | Asharq Al-awsat

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Saudi Arabia Establishes Specialized Department to Protect Stock Market Investors

by Shuja Al-Baqmi | Jul 27, 2017 | Business

Riyadh- In a move aimed at raising the level of investor protection in the Saudi stock market, the Saudi Capital Market Authority (CMA) has decided to develop a specialized department to protect the investors. The department will receive investors’ complaints...

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CEO of Nasdaq Adena Friedman speaks at the Women in Finance Symposium at the Treasury Department in Washington, in this July 12, 2011 file photo. (Reuters)

Nasdaq CEO: World Anticipates Aramco Issuance

by Abdul Hadi Habtor | Apr 18, 2017 | Business

Riyadh – CEO of Nasdaq Adena Friedman said that Nasdaq has huge opportunities in the shares issuance of the Saudi oil giant Aramco, seeing as it includes the five biggest companies in the world and is a home to company leaders in various sectors. Friedman told...

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Central Bank of Egypt’s headquarters is seen in downtown Cairo, Egypt March 8, 2016. REUTERS/Mohamed Abd El Ghany

Egyptian Stocks Fall 1.6% Following Terrorist Attacks

by Sabri Najeh | Apr 10, 2017 | Business

Cairo- The Egyptian index closed 1.55 percent lower due to purchase pressures by individual Egyptian investors, reaching 12895.12 points after a panic status that ensued from two terrorist attacks that targeted two Coptic churches. The market capital closed at EGP...

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Tadawul Logo

Saudi Arabia: Tadawul Launches ‘Nomu – The Parallel Market’

by Fatah Al-Rahman Youssef | Feb 26, 2017 | Business

Riyadh – The Saudi Stock Exchange (Tadawul) launched on Sunday the “Nomu-Parallel Market”, listing nine Saudi companies out 77 applied to be listed on the index designed to buttress and further increase growth and business development of the financial...

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Oil tanks seen at the Saudi Aramco headquarters during a media tour at Damam city November 11, 2007. REUTERS/ Ali Jarekji/File Photo

Aramco Considers Issuing Shares for Saudis in Favorable Prices

by Wael Mahdi | Feb 23, 2017 | Business

Khobar – Saudi Aramco is considering discounted shares for local investors, sources reported to Bloomberg. The oil company has discussed ways to structure the offering, allowing Saudi buyers to receive the stock at a lower price than international investors. The...