RIYADH: Saudi Arabia’s National Debt Management Center is on track to launch a sukuk savings program to further develop the local market, the center’s CEO, Hani Al-Medaini, revealed on Monday. Speaking at the Capital Market Forum, he highlighted several initiatives his center has planned to help the domestic market grow and strengthen. “Several milestones have been achieved so
RIYADH: SABB Takaful Co. has been suspended from trading on the Saudi Stock Exchange in preparation to begin delisting procedures after its merger with Walaa Cooperative Insurance. Walaa Cooperative Insurance Co. said in a separate bourse filing that the decision to merge the two companies had begun, and all assets and obligations of SABB Takaful had been transferred to Walaa