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Saudi Stock Exchange
Arab stock markets post weekly gains, bucking oil trend
In Riyadh, the Saudi stock exchange rose sharply in the week ending June 8, 2023, to register the second highest weekly gain since the...
Saudi ‘resources’ announce initial offer price at 64 riyals per share
Based on the offering price, the company aims to raise 288 million riyals ($78 million) by offering 30% of its existing shares on the...
Jamjoom Pharma sets stock price range on IPO
Saudi Jamjoom Pharma, through its IPO, is seeking to raise up to 1.26 billion riyals ($336 million).The company will offer 21 million shares, or...
Flexible Murabaha seeks to raise $83.4 million from initial offering
The independent non-bank finance company said in a statement on Sunday that it intends to sell a 30% stake, equivalent to 21.4 million shares,...
$830 million in profits from STC Saudi Arabia in the first...
The company said in a statement posted on the Saudi stock exchange's website, Tadawul, that first-quarter revenue rose to 18.2 billion riyals, up 7.5%...
1.3 billion dollars in profits from “Al-Ahly Saudi” in the first...
The National Bank of Saudi Arabia said in a statement published on the "Tadawul" website that the reason for the increase in profits in...
The Saudi market rises in the first sessions of the week…...
Oil prices, a major catalyst for Gulf financial markets, rose more than 2% on Friday after energy companies reported positive results and U.S. data...
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Just In
Biden cancels his final overseas trip as president
US President Joe Biden has decided to cancel his final foreign trip as head of state due to the wildfires near Los Angeles.According to...
Serbia terminated Russian arms agreements, signs €2.7 Billion deal with France...
Serbia has terminated several contracts for arms supplies from Russia until the situation in the world normalizes. This was stated by the Chief of...
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