Closing bell: Saudi main index closes slightly lower at 11,442 arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.
Closing bell: Saudi Arabia s main index slips to close at 11,478 arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.
RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Thursday and lost 71.85 points – 0.71 percent – to close at 9,976.65, driven by sharply lower oil prices amid fragile market sentiment over fears of a deepening crisis for banks worldwide. While MSCI Tadawul 30 Index dropped 0.68 percent to 1,347.20, the parallel market Nomu rose 0.91 percent to 19,011.72. The total
RIYADH: Abu Dhabi, alongside Saudi Arabia, has seen a spike in initial public offering listings this year, and is on track to continue the trend next year. The UAE capital is likely to host an additional three IPOs this year and at least 11 by 2023, Bloomberg reported, citing an official. This is happening in line with a trend that sees buyers showing greater appetite for the