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