The Mena region witnessed six IPOs in the second quarter (Q2) of 2016, collectively raising $397.2 million, a 40 per cent decrease in volume and 81 per cent decrease in value compared to Q1 2016.
“Given the recent trends, Sa
A total of 85 real estate funds with total assets valued at SR25.5 billion ($6.8 billion) were operating in Saudi Arabia by the end of 2013, a report said.
All public real estate funds achieved a positive performance during the ye
QInvest Saudi Arabia, a subsidiary of Qatar’s leading investment bank QInvest, has been granted a licence by the Capital Market Authority (CMA) to conduct business in Saudi Arabia, and has commenced business activities.
QInvest Saudi Arabi
Oman's regulator, Capital Market Authority, is encouraging consolidation of brokerages in the small non-Opec producer and expects at least three to four initial public offerings next year, its executive president said.
'At CMA we a
Oman Economic Review, in association with Capital Market Authority, is set to host a debate on Oman economy and the way forward for various businesses in the Sultanate on October 25.
Over 200 movers and shakers from Oman’s corporate sector
The Saudi bourse regulator has fined four listed firms for breaching disclosure rules as it tries to polish the image of an opaque bourse gradually opening up to foreign investors.
The chief executive of Zain Saudi Arabia, the kingdom'
Saudi regulators imposed sanctions on five people for insider trading and stock price manipulation in a fresh bid to improve the opaque image of the local bourse, which is gradually opening up to foreign investors.
The Capital Market Autho
The Saudi stock market regulator has approved setting up a market for debt securities, it said on Saturday, responding to a long-standing demand by some firms to diversify sources of financing amid tight credit conditions.
The Capital Mark
EFG-Hermes Securities Brokerage said it is offering its foreign institutional investors access to the largest market in the Middle East & North Africa (Mena) region, Saudi Arabia, through its recently launched Abwab product.
Saudi Arabia's Capital Market Authority said it approved plans by Al-Rajhi Banking & Investment Corp and food group Savola to boost their capital by issuing bonus shares.
Rajhi plans to increase its share capital to 15 billion riyals (