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Saudi Arabia: New Thresholds for Merger Filings, and New Conditional Approvals | White & Case LLP

Saudi Arabia's General Authority for Competition recently announced key changes to its merger control notification thresholds, adding a new local nexus test and a new minimum turnover. ....

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Wamid wants to focus on building capabilities and leveraging data, says CEO

RIYADH: Saudi Tadawul Group's innovation arm Wamd wants to concentrate on building data capabilities over the next six to seven months, revealed its CEO. Talking to Arab News on the sidelines of the Capital Market Forum in Riyadh, Mohammed Al-Nory explained that Wamid will leverage on the data that exists today in Edaa, the securities depository center, Muqassa, the securities ....

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

RIYADH: Saudi stocks settled flat on Tuesday, as news over potential global inflation spurred investor worries, while the market continued to see positive earnings reports. The main index, TASI, ended the session flat at 12,545, while the parallel market Nomu edged 0.34 percent lower to finish at 22,034. Stock market gains across the whole region were subdued, amid volatile ....

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