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Saudi bars Deloitte from audit over MMG caseSaudi Arabia's market regulator said it had barred the local unit of New York-based accountancy firm Deloitte & Touche from providing accounting services in the kingdom for two years for breaching rules on accumulated losses. More… |
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Saudi contractor MMG's founder, son get jail sentenceSaudi Arabia's market regulator fined contractor Mohammed Al Mojil Group (MMG) and sentenced two of its executives to five years in prison for breaching rules relating to accumulated losses, the firm said on Friday. The Capita More… |
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Saudi contractor MMG's founder, son get jail sentenceSaudi Arabia's market regulator fined contractor Mohammed Al Mojil Group (MMG) and sentenced two of its executives to five years in prison for breaching rules relating to accumulated losses, the firm said on Friday. The Capita More… |
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Saudi CMA may relax foreign investor rulesSaudi Arabia would be open to relaxing its rules on foreigners investing directly in its stock market to help it get included in global indices, the chairman of the Saudi financial-markets regulatory agency, the Capital Market Authority, told Re More… |
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Saudi authority lifts suspension on Mobily sharesSaudi Arabia's Capital Market Authority (CMA) lifted a one-day suspension on trading of Mobily's shares, the stock market regulator said in a statement on Monday. It halted trading on Sunday pending the mobile firm's r More… |
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Trading in Mobily shares suspendedSaudi Arabia's Capital Market Authority on Sunday suspended trading in Mobily's shares pending the mobile firm's response to the preliminary findings of a regulator panel investigating its restatement of over two years of earnings. More… |
Saudi regulator approves fourth IPO this yearSaudi 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 More… |
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Saudi refers Mobily case to public prosecutionSaudi 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 More… |
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PetroRabigh plans $1.9bn rights issueSaudi 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 More… |
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PetroRabigh plans $1.9bn rights issueSaudi 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 More… |
