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Meet Sarah Al-Suhaimi, the Saudi woman financier breaking barriers

Meet Sarah Al-Suhaimi, the Saudi woman financier breaking barriers
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Saudi Arabia wants to boost secondary deals

Saudi Arabia is taking steps to end the kingdom's lack of secondary offerings, which have failed to gain traction in the Persian Gulf even as initial public offerings (IPOs) have surged, Bloomberg reports.

CMA Develops Strategy for 2024/2026

Saudi Arabia's Capital Markets Authority (CMA) is working on its strategic plan for 2024-2026, announced Chairman Mohammed el-Kuwaiz. By the end of 2022, the financial market surpassed the targets for several indicators set in CMA's strategic plan. Speaking on the Saudi 93rd National Day, Kuwaiz said the number of listings on the financial market reached 49 in 2022, while the target was 24, with a completion rate of 204 percent.

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