RIYADH: As investor sentiment was fueled by strong earnings, Saudi Arabia’s main TASI index neared 12,500 points last week for the first time since 2006. At Thursday's closing bell, TASI edged slightly lower to end at 12,476 and the parallel Nomu market was down 0.23 percent to 25,228. Shares in recently listed Elm Co. a digital security firm owned by the Kingdom’s wealth
RIYADH: Saudi Arabian glass maker Raoom Trading Co.’s initial public offering price has been set at SR80 ($21.3) per share. This comes as the firm plans to list on Saudi Arabia’s parallel market, Nomu. The offering period will start on Jan. 30 and run through Feb. 3, 2022, the financial advisor of the offer, Wasata Capital, said in a bourse statement. Earlier, Raoom Trading