Friday 27 September 2024
 
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Platinum group metals market to rise 4.47pc by 2029

The global market for platinum group metals (PGMs) – which include platinum, palladium, rhodium, iridium, osmium and ruthenium – will record a 4.47% increase between now and 2029, according to market research firm Mordor Intelligen

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Saudi CMA obliges market law violators to pay $318m

Saudi Arabia's Capital Market Authority (CMA) has announced that 17 persons have been convicted of violating the Capital Market Law and have been ordered to pay the total illegal gains of SAR1.196 billion ($318.83 million). &n

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Hapag-Lloyd, CMA start new shipping service to Jeddah port

The Saudi Ports Authority (Mawani) today announced the addition of the Indamex 2 (IN2) shipping service, a route jointly operated by global container liners Hapag-Lloyd and CMA CGM, to Jeddah Islamic Port.   The

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Saudi CMA sees over $26bn capital increase in 5 years

Saudi Arabia's Capital Market Authority (CMA) has approved, from January 2018 to the end of the first half of 2022, about 116 requests to increase listed companies' capital. The size of the capital increase surged by more than SR100 bi

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SABIC recognised for maintaining ESG standards

SABIC has won the ‘Best ESG’ award at the Saudi Capital Market Awards 2022 as testimony to its commitment to adopting the highest environmental, social and governance (ESG) standards.   The awards cer

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Saudi Cable wins approval for 37pc capital reduction

Saudi Cable Company, a global provider of turnkey solutions for energy and telecom networks, said it has won regulatory approval to reduce its share capital by 37.5 per cent from SR361 million (96.1 million) to SR262.3 million ($70 million).

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Saudi Cable wins approval for 37pc capital reduction

Saudi Cable Company, a global provider of turnkey solutions for energy and telecom networks, said it has won regulatory approval to reduce its share capital by 37.5 per cent from SR361 million (96.1 million) to SR262.3 million ($70 million).

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Almunajem announces IPO price, book building complete

Almunajem Foods, one of the largest food companies in Saudi Arabia, today announced the successful completion of the institutional book-building process in compliance with the guidelines of the Capital Market Authority (CMA) and the determinat

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Almunajem announces IPO price, book building complete

Almunajem Foods, one of the largest food companies in Saudi Arabia, today announced the successful completion of the institutional book-building process in compliance with the guidelines of the Capital Market Authority (CMA) and the determinat

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Non-Saudis can now invest in Makkah, Madinah real estate funds

Saudi Arabia's Capital Market Authority (CMA) has allowed the capital market institutions to accept subscriptions of non-Saudis in the real estate funds that invest in assets within Makkah and Madinah, according to a released statement by

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