Saudi Arabia is now opening up its IPO market to foreign investors
Foreign investors are now able to take part in initial public offerings (IPO) within Saudi Arabia and will be given…
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CMA
Saudi Arabia vows international market integration amid Aramco mania
Saudi Arabia is committed to integrating its financial markets with the rest of the world, the country's market…
U.K. banks told to implement retail banking reform
The U.K. Competition and Markets Authority said on Tuesday that banks would have to implement an open banking…
Saudi Arabia to Open $530 billion Stock Market to Foreigners
Saudi Arabia plans to open its $530 billion stock market to foreigners, a move that will allow the Middle East’s…
Egypt Sees Launch of ETFs Before Q1-end; Official
Egypt's market regulator is planning to release the long-awaited Exchange Traded Funds (ETFs) before the end…
Bank Nizwa Secures Investment Banking License From CMA
Bank Nizwa SAOG, Oman's first Islamic bank, recently received the 'Investment Banking license' based on the…
Planet Not To Go On Hermes Buyout Deal: CEO
Planet IB has closed EFG-Hermes (HRHO.CA) acquisition file after Egyptian Financial Supervisory Authority (EFSA)…
EFSA: Planet Did Not Submit Buyout Offer of EFG-Hermes
The Egyptian Financial Supervisory Authority (EFSA) has asserted that it had not received any buyout offers for any…
Sarie Eldin, SODIC’s New Non-Executive Chairman
Six of October Development & Investment Company - SODIC - (OCDI.CA) announced during its Annual General Meeting…
King Abdullah Financial District Phase I: 85% complete
More than half the projects at King Abdullah Financial District (KAFD) in Saudi Arabia are complete and the first…
