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Mergers, acquisitions reshaping GCC's overall business landscape

Mergers, acquisitions reshaping GCC's overall business landscape
arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.

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Single Stock Options Contracts Help in Developing Saudi Market, Attracting Investors

The Saudi Exchange (Tadawul) launched on Monday single stock options (SSOs) contracts, the newest offering in its derivatives market. The new offerings include American-style options that are physically settled for some of the Kingdom’s most prominent companies: Saudi Aramco, Al Rajhi Bank, stc and SABIC. ....

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Companies' Law transitions 2,000 institutes into companies in the first quarter

RIYADH: Saudi Arabia’s new Companies’ Law enabled over 2,000 institutes to transition into companies in the first quarter of 2023, supporting efforts to revise and modernize the Kingdom’s trade and investment legislation and laws. The new system, launched on Jan. 19 by the Ministry of Commerce and the Capital Market Authority, established 2,048 companies in the first three ....

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OPEC+ maintains status quo on output amid fresh price cap on Russian oil

RIYADH: The Organization of Petroleum Exporting Countries, and its allies, known as OPEC+, has agreed to roll over its existing output policy, just a day after the Group of Seven nations decided to put a price cap on Russian energy supplies. The decision was made at the 34th OPEC and non-OPEC Ministerial Meeting, which was held virtually, on Dec. 4, 2022. Earlier in October, ....

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Saudi Arabia's new corporate law supports family firms, SME investments: Official

Saudi Arabia's new corporate law supports family firms, SME investments: Official
arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.

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