Saturday 23 May 2015
 
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Saudi regulator approves fourth IPO this year

Saudi Arabia's stock market regulator said on Wednesday it had approved an initial public offer of shares in Arabian Contracting Services Company, an advertising firm, the fourth flotation in the kingdom this year. The Capital

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Saudi refers Mobily case to public prosecution

Saudi Arabia's regulator has referred the case of suspected insider trading involving telecommunications operator Etihad Etisalat (Mobily) to the public prosecution, it said in a statement on Wednesday. The Capital Market Auth

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PetroRabigh plans $1.9bn rights issue

Saudi Arabia's PetroRabigh will ask shareholders to approve raising its capital via a rights issue worth about SR7.04 billion ($1.88 billion), the company said on Monday. PetroRabigh, a joint venture between Saudi Aramco and S

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PetroRabigh plans $1.9bn rights issue

Saudi Arabia's PetroRabigh will ask shareholders to approve raising its capital via a rights issue worth about SR7.04 billion ($1.88 billion), the company said on Monday. PetroRabigh, a joint venture between Saudi Aramco and S

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PetroRabigh shares trading halted by CMA

Saudi Arabia's Capital Market Authority (CMA) suspended trading of PetroRabigh shares on Sunday after the joint venture between Saudi Aramco and Sumitomo Chemical failed to provide essential information on time. The suspension

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PetroRabigh shares trading halted by CMA

Saudi Arabia's Capital Market Authority (CMA) suspended trading of PetroRabigh shares on Sunday after the joint venture between Saudi Aramco and Sumitomo Chemical failed to provide essential information on time. The suspension

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Deutsche Securities Saudi appoints chief economist

Deutsche Securities Saudi Arabia (DSSA), a CMA-licensed securities firm wholly owned by Deutsche Bank, has appointed Dr Melhem Melhem as its chief economist Saudi Arabia. Dr Melhem will be based in Riyadh, Saudi Arabia and report

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Saudi regulator suspects insider trading in Mobily shares

Saudi Arabia's market regulator is investigating possible insider trading in shares of telecommunications operator Mobily relating to its shock earnings restatement, the watchdog said on its website. The Capital Market Authori

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Saudi regulator suspects insider trading in Mobily shares

Saudi Arabia's market regulator is investigating possible insider trading in shares of telecommunications operator Mobily relating to its shock earnings restatement, the watchdog said on its website. The Capital Market Authori

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Mobily swings to 2014 loss; trading in shares suspended

Saudi Arabia's Mobily on Wednesday said it swung to a full-year loss in 2014 after the telecommunications operator announced its audited results, also revealing it had breached loan covenants with various lenders. Mobily -- fo

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