RIYADH: Saudi Arabia has more than 24 initial public offerings lined up for 2023 as it seeks to create boost the economy and create financing channels for emerging sectors. A report issued by the Capital Market Authority on Sunday said the Kingdom intends to boost its market’s appeal to foreign investors and increase their ownership as a percentage of the total market value of
RIYADH: With a value of $2.7 trillion, Saudi Arabia’s capital market is one of the strongest and fastest-growing investment destinations in the world, according to a top official. Speaking at the second edition of the Saudi Capital Forum in Riyadh on Feb. 12, Sarah Al-Suhaimi, chairperson of Saudi Tadawul Group, said that over 1,000 bilateral, trilateral, and group meetings
RIYADH: At least 23 companies are preparing for an initial public offering in Saudi Arabia’s stock exchange, as the Kingdom emerges as a global financial hub in line with the goals outlined in Vision 2030, said a top official.
RIYADH: Increasing appetite to list on Saudi bourses displays the robust market performance of the G20 economies, noted top executive of a financial advisory and asset management firm. Speaking at the second edition of the Saudi Capital Forum in Riyadh on Sunday, Lazard’s investment banking CEO for the Middle East and North Africa Wassim Alkhatib said that the Saudi capital