Saudi Arabia's largest pharmacy retail chain has hired the local unit of HSBC Holdings plc and the investment banking arm of Saudi National Bank in what could be the largest initial public offering in the kingdom since Aramco went public in 2019.
RIYADH: Saudi Arabia’s stock market extended gains for a third straight day on Wednesday, as strong earnings results and rising oil prices continued to drive investor sentiment. TASI closed 1.17 percent higher at a 16-year high of 12,495, with PIF-owned digital security firm Elm leading top gainers on trading debut, soaring 30 percent. Nomu, the parallel market, advanced 0.53
RIYADH: Saudi Arabia’s stock market recorded gains for a second straight day on Tuesday in tandem with the oil market, with TASI reaching its highest level since 2006. TASI ended 1.2 percent higher at 12,350 points as listed companies continued to disclose their earnings results. The parallel market Nomu edged up by 0.19 percent to 25,153. The main market will see PIF-backed