Global investments in the clean energy transition hit $1.1 trillion in 2022, equalling for the first time the amount invested in fossil fuel production, according to an analysis from BloombergNEF
What is drawing foreign investors to the Saudi Exchange? At Saudi Capital Market Forum 2023, in Riyadh on February 12-13, international financial leaders will discuss the forces behind this trend – and more.
The Saudi Capital Market Forum will gather issuers, investors and Capital Market Institutions to facilitate an understanding of the key structural changes taking place across one of the fastest growing capital markets in the world.
Mohammed Al-Rumaih has been CEO of the Saudi Exchange, an authorized entity acting as the securities exchange, since 2021. Before his current role, he was chief of markets for three years, overseeing Saudi Exchange markets operations, including the main market, the Nomu-parallel market, sukuk and bonds. Since joining the Saudi Exchange in 2009, Al-Rumaih has held various
Saudi Tadawul Group Holding Co, a leading diversified capital markets group in the Mena region, saw its net profit after zakat fall 21.7% YoY from SR179.6 million to SR140.6 million ($37.48 million) in the first quarter of 2022.