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Alkhabeer Capital fund IPO subscription deadline extended to June 13

Alkhabeer Capital fund IPO subscription deadline extended to June 13
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Alkhabeer Capital launches IPO of its traded fund unit

Alkhabeer Capital, a specialist in shari’a-compliant investments and brokerage services based in Jeddah, has launched the IPO of the Alkhabeer Diversified Income Traded Fund 2030. The Fund’s target capital is set at SAR1 billion ($266 million). ....

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Here's what you need to know before Tadawul trading on Sunday

RIYADH: Saudi Arabia’s benchmark index TASI ended flat at 12,291 last week, amid a wave of earning reports and declining oil prices. The UAE and Qatar indexes were down as a drop in oil prices dragged down shares, but other Gulf peers recorded slight gains. Abu Dhabi, Dubai, and Qatar lost 0.3, 0.5, and 0.1 percent, respectively, while Kuwait, Bahrain, and Oman advanced ....

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