Markets soar in Saudi Arabia as reports suggest foreign ownership caps could be lifted
Saudi Tadawul Stock Exchange
Latest in Saudi Tadawul Stock Exchange
Abu Dhabi Securities Exchange
Arab stock markets valued at $4.268tn
Market capitalisation of Arab stock exchanges climbed by around $22bn in August
Abu Dhabi Securities Exchange
Arab stock exchanges valued at $4.2tn
Arab stock exchanges were valued at around $4.2tn in the first half of the year
Saudi Arabia
Saudi Stock Index sees over $52bn of shares traded in January, value climbs 9.4 per cent in year
Saudi Tadawul sees value of traded shares pass $52bn in January 2024
Saudi Arabia
Saudi Exchange announces TASI50 Index to track top companies
Saudi Exchange tracks top 50 companies with TASI50 Index
China
Saudi Arabia’s Tadawul teams up with Shenzen Stock Exchange
Saudi Arabia and China enhance investment opportunities and commercial and diplomatic ties with stock exchange deal
IPO
Saudi Arabia’s MBC Group announces SAR 25 per share final IPO price
The book-building process drew considerable support from Saudi Arabia, regional and international investors, resulting in an order book of a whopping $14.5 billion (SAR 54.5 billion), 66 times over subscription
Adnoc Drilling IPO
MBC announces Saudi IPO plan to sell off 10 per cent of firm
Middle East broadcasting giant MBC to sell 10 per cent of company on Saudi stock exchange
Saudi Stock Exchange
Saudi exchange launches 4 new indices
Saudi Arabia’s Tadawul launches new indices for investors
initial public offerings
Saudi Arabia’s Marafiq to list shares on Tadawul
The state-backed private integrated power and water utility company, received the regulatory approval on September 26, and plans to list 30 percent (73,094,500 ordinary shares) of its share capital
Aramco IPO
2022: Another buoyant year for GCC IPO markets?
The next big thing in the region’s IPO space could be family group listings
Alamar Foods
Middle East’s Domino’s Pizza operator Alamar Foods sets final offer price for IPO
Alamar Foods operates over 520 Domino’s stores across 11 countries in the region
Abu Dhabi Securities Exchange
DEWA listing set to revive, revitalise Dubai Financial Market: experts
Positive post-IPO performance could create precedent for further investments, privatisation efforts
Al Rajhi Bank
Saudi Arabian miner Amak hopes to raise up to $332m from IPO
Move comes after Saudi Arabian companies raised almost $9.3bn from share offerings last year
Foreign investors
Saudi’s Tadawul said to start options trading on single stocks soon
Sources say Saudi stock exchange plans to allow options trading in five to 10 companies initially
Aramco IPO
Saudi Arabia said to start talks on new Aramco stock offering
Sources say Saudi government has held talks with advisers on the potential share sale