The chief executive of Saudi Arabia's Tadawul stock market said on Wednesday the exchange was looking to go public with an initial public offering and would be looking to hire an advisor soon.
"Yes we are going to go publ
Saudi Arabia's King Abdullah has instructed authorities to pay compensation worth SR1.05 billion to shareholders of the Saudi Integrated Telecom Company (SITC) after it was declared bankrupt, an Arab News report said.
Bahrain Bourse (BHB) and the Saudi Stock Exchange (Tadawul) have entered into a memorandum of understanding (MoU) to deepen and enhance existing co-operation.
Signed by BHB chief executive Fouad Rashid and Tadawul chief executive
Saudi Fransi Capital (SFC), a subsidiary of Credit Agricole-owned Banque Saudi Fransi, said it has launched two new trading mediums for the Saudi Financial Market.
The new SFC online trading platform (Fransi Tadawul https://
The Saudi Stock Exchange (Tadawul) has entered into an agreement with Nasdaq OMX Group, the world's largest exchange company, for a key upgradation of its current trading platform.
As part of its long-term strategic plan, Tada
The total value of shares traded at Saudi Stock Exchange (Tadawul) during the first half of the year fell 39 per cent to SR760.81 billion ($202.8 billion) when compared to the same period last year.
Announcing the H1 results, the
It's been a disappointing year so far for the overall Saudi stock market, where the main index is up just 2.9 percent year-to-date, underperforming many Gulf and global markets. But that doesn't mean every Saudi stock i
UAE-based brokerage house, Al Ramz Securities, has announced that it has signed an agreement with Al Jazira Capital in Saudi Arabia to provide Ramz clients with access to Tadawul, the Saudi Stock Exchange.
The agreement was formally signe
MSCI, a leading provider of investment decision support tools worldwide, announced today that it will reintroduce coverage of the Saudi Arabia equity market with the release of standalone country indices.
The move follows an agreement betw
Nomura, a global investment bank, has been authorised by the Saudi Arabian Capital Markets Authority (CMA) to offer international institutional investors access to the Saudi stock market (Tadawul).
Nomura, in accordance with CMA guideline