Thursday 18 August 2022
listed firms

Qatari firm to raise foreign ownership cap to 49pc

Qatar's emir has instructed all companies listed on the country's stock exchange to raise their limit for foreign ownership to 49 percent in a move that could attract more liquidity to the buoyant bourse. The order announc


Two listed Saudi firms fined

The Saudi bourse watchdog has fined two listed firms a total of 150,000 Saudi riyals ($40,000) for violating bourse regulations. The Capital Market Authority (CMA) fined insurance firm, Allied Cooperative Insurance Group (ACIG), with 50,00


Two Saudi firms fined for poor disclosure

Saudi Arabia's bourse regulator has fined two listed firms for inadequate disclosure as it tries to improve the image of the local bourse and appeal to foreign investors. The Capital Market authority (CMA) said in a statement on Sunday it


Listed firms to double in Saudi

The number of listed companies in Saudi Arabia will double over the next two years, according to a senior economist. Brad Bourland, chief economist at Jadwa Investment, made the remarks during the 2nd Saudi IPO Summit which opened yesterda

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