Arab bourses' market cap hit $4 trillion by 2022-end, says AMFThe market cap of Arab stock exchanges exceeded $4 trillion by the end of 2022, according to the Arab Monetary Fund (AMF). In a press statement today, the AMF said that the market value of the Abu Dhabi Securit More… |
Acwa Power shares up 30pc on big Saudi market debutSaudi Arabia's Acwa Power, a leader in power generation and water desalination plants, today registered a 30 per jump in its share value on its market debut after a $1.2 billion IPO, the kingdom's biggest since state energy giant Saudi More… |
Acwa Power shares up 30pc on big Saudi market debutSaudi Arabia's Acwa Power, a leader in power generation and water desalination plants, today registered a 30 per jump in its share value on its market debut after a $1.2 billion IPO, the kingdom's biggest since state energy giant Saudi More… |
Dar Al Arkan Real Estate's net profit falls 77pc in H1Saudi-based Dar Al Arkan Real Estate Development Company has registered a 77 per cent drop in its net profit for the first six months which plunged to SR22.8 million ($6.07 million) from SR100.47 million ($26.7 million) last year. More… |
Tadawul all share index to be capped with 15pc thresholdThe Saudi Stock Exchange (Tadawul) announced today (December 2) that it has updated its index methodology for the development and management of Tadawul equity indices. These updates include revisions in free float shares calculati More… |
Tadawul all share index to be capped with 15pc thresholdThe Saudi Stock Exchange (Tadawul) announced today (December 2) that it has updated its index methodology for the development and management of Tadawul equity indices. These updates include revisions in free float shares calculati More… |
Tadawul index edges up 1.15pc in 9 monthsSaudi Arabia’s Tadawul All Share Index (TASI) closed at 8,091.76 points at the end of the first nine months of 2019, increasing by 92.22 points or 1.15 per cent over the close of the same period of the previous  More… |
SABB-Alawwal merger celebrated at TadawulFinancial leaders from Saudi Stock Exchange (Tadawul) and the Saudi Arabian British Bank (SABB) gathered today (June 24) to celebrate trading of the newly combined SABB and Alawwal bank on Tadawul. The ringing of the market openin More… |
Tadawul to implement new “Trade at Last” sessionThe Saudi Stock Exchange (Tadawul) plans to implement a “Trade at Last” session as an additional new session following the closing auction to further develop the capital market and bolster the investment ecosystem. The More… |
Arabian Centres launches IPO on TadawulArabian Centres Company, a leading owner, developer and operator of lifestyle shopping centres in Saudi Arabia, said it plans to proceed with an initial public offering (IPO) on the Saudi Stock Exchange (Tadawul). The offering is More… |