Featured Americana Q3 profit falls 54.3% Aya Anwar Nov 3, 2024 0 Americana Restaurants reported a 54.3 per cent decline in Q3 2024 net profit, falling to SAR140.3 million, as…
Featured Tadawul to see influx of IPOs Aya Anwar May 9, 2024 0 Saudi Arabia boasts over ten companies eagerly awaiting to embark on initial public offerings (IPO) on its stock…
Featured Aramco’s ’23 profit drops to $121b Aya El Sayed Mar 10, 2024 0 Aramco, the Saudi oil giant, announced on Sunday a $121 billion profit in 2023, down from its record high of $161…
MENA News S. Arabia’s MMC plans to sell 30% stake in IPO Nada Ali Feb 7, 2024 0 Saudi Arabia's Modern Mills for Food Products Co. (MMC) intends to sell a 30 per cent stake in an initial public…
Featured S. Arabia’s Savola group to issue Almarai stake to shareholders Aya Anwar Feb 7, 2024 0 Saudi Arabia's Savola announced that it intends to give its eligible shareholders a 34.52 per cent stake in the…
Banks Saudi Investment Bank posts SAR 1.76 bln net profit in ’23 Nada Ali Feb 4, 2024 0 The Saudi Investment Bank (SAIB) reported a net profit of 1.76 billion Saudi riyal (about $469,3 million) in 2023,…
Tech/AI Saudi Almarai approves $108mln investment for bakery segment Sama Mousa Oct 3, 2023 0 Saudi Arabia's Almarai Company said it approved a 405 million riyal ($108 million) investment plan on Tuesday to…
Tech/AI Saudi SALIC increases stake in NADEC by 6.2% Sama Mousa Sep 19, 2023 0 The Saudi Agricultural and Livestock Investment Company (SALIC) increased its stake in the National Agricultural…
Stocks Gulf markets briefing 26/03/2023 Sama Mousa Mar 26, 2023 0 The markets in the gulf inclined slightly on Sunday, with the Qatari main index, QE All Shares, rising by 1.34…
Stocks Gulf Markets Briefing 23/03/2023 Sama Mousa Mar 23, 2023 0 The majority of markets in the Gulf witnessed an incline in the main indices on Thursday, with the Saudi Tadawul…
News Saudi crown prince plans IPO of $500 billion megaproject Neom by 2024 Nada Ali Jul 27, 2022 0 Saudi Arabia's Crown Prince Mohammed bin Salman is planning the Initial Public Offering (IPO) of the Kingdom’s SAR…
Stocks Gulf stock markets close mostly higher on Monday Amwal Al Ghad English Sep 14, 2020 0 Gulf stock markets ended mostly higher on Monday, with financial shares boosting the Saudi index, while Qatar…
Stocks Gulf stock markets mostly higher on Thursday Amwal Al Ghad English Sep 10, 2020 0 Gulf stock markets ended mostly higher on Thursday.
Stocks Key Gulf stock markets end lower on Wednesday Amwal Al Ghad English Sep 9, 2020 0 Most of the stock markets in the Gulf ended lower on Wednesday driven by losses in financial and energy shares.
Stocks Gulf stock markets end mixed on Monday Amwal Al Ghad English Sep 7, 2020 0 Major Gulf stock markets closed mixed on Monday.
Stocks Gulf stock markets mostly higher on Tuesday Amwal Al Ghad English Sep 1, 2020 0 Major Gulf stock markets closed higher on Tuesday buoyed by gains in the banking sector.
Stocks Major Gulf stock markets close lower on Monday Amwal Al Ghad English Aug 31, 2020 0 Key stock markets in Gulf closed ended lower on Monday, driven by financial shares.
Arab Most Gulf stock markets up on Sunday, Dubai index hits 5-month high Amwal Al Ghad English Aug 16, 2020 0 Most major stock markets in the Gulf ended higher on Sunday.
Money EFG Hermes concludes Saudi Sulaiman Al Habib Group’s $700 mln IPO Amwal Al Ghad English Mar 23, 2020 0 Egyptian investment bank, EFG Hermes announced on Monday it had completed advisory on Sulaiman Al Habib Group’s…
Stocks Saudi stock market aims to allure $5 bln in second phase of MSCI upgrade Amwal Al Ghad English Sep 2, 2019 0 The Institute of International Finance (IIF) said on Thursday that after the full inclusion on the MSCI emerging…
USA Trump selects Saudi Aramco to list IPO stock on NYSE Yomna Yasser Nov 5, 2017 0 Saudi Aramco has just got a high-profile pitch for its upcoming initial public offering. It came from the U.S.…
Arab Saudi Arabia targeting ways to boost 4% foreign stock ownership Yomna Yasser Feb 27, 2017 0 Saudi Arabia is targeting ways to boost foreign investment in its bourse, almost two years after easing access to…
Arab Saudi Arabia working on SME bourse rules for early 2017 launch – bourse chief Yomna Yasser May 5, 2016 0 Saudi Arabia is working to finalise the rules for a new stock market dedicated to small and medium-sized businesses…
Arab Saudi bourse plans equity market for SMEs Yomna Yasser Apr 18, 2016 0 Saudi Arabia's stock exchange plans to establish an equity market targeting small and medium-sized enterprises…
Arab Arab Bourses Recover In 2012, UAE & Saudi Led Growth Yomna Yasser Dec 27, 2012 0 Arab bourses swelled by nearly $60 billion in 2012 to match a recovery in global markets and Gulf exchanges emerged…
Arab Tadawul CEO: Saudi Bourse To Activate ETFs By Next Year’s Beginning Yomna Yasser Dec 10, 2012 0 The Saudi Stock Exchange (Tadawul) is considering to add a number of financial instruments and mechanisms to the…
EGX Tadawul CEO: Saudi Bourse To Start E-Linkage With Egyptian Counterpart Yomna Yasser Dec 9, 2012 0 In an exclusive statement to Amwal Al Ghad, Abdullah Alsuweilmy - CEO at Saudi Stock Exchange (Tadawul) - announced…
Indices news EFG-Hermes Named Best Brokerage House in Egypt Yomna Yasser Aug 27, 2012 0 Despite unprecedented challenges market-wide in the past eighteen months, EFG-Hermes Securities Brokerage (HRHO.CA)…
Arab Saudi CMA, MSCI Inc To Reintroduce Stock Indexes Yomna Yasser May 1, 2012 0 Saudi Arabia's Capital Market Authority, or CMA, said Monday it has singed an agreement allowing widely followed…
Arab UAE bourses in Green on Saudi Rally Yomna Yasser Mar 25, 2012 0 Local stock markets opened higher this morning to start the week in the green, after a strong performance on the…
Arab New CEO appointed: Al Rajhi Bank Yomna Yasser Mar 4, 2012 0 Al Rajhi Bank, Saudi Arabia’s largest publicly traded lender, has appointed Sulaiman bin Abdul Aziz Al Zaben as…
Arab Massive Turnover supports TASI Rally Yomna Yasser Mar 3, 2012 0 The Tadawul All-Share Index (TASI) extended gains for several weeks in a row. Last week, the index added 195.17…