Stay updated on Gulf market news with the latest updates from stock exchanges in the UAE, Saudi Arabia, Qatar, and more. Stay informed and make informed investment decisions.
Tadawul Trading Week: Saudi Arabia’s main stock market, the Tadawul All Share Index (TASI), continued its upward trend for the second consecutive day, fueled by robust earnings reports from listed companies. TASI surged by 2.3 percent, closing at 12,588 points, indicating a positive sentiment among investors. In contrast, the parallel market, known as Nomu, experienced … Read more
Tadawul IPO: Saudi Arabia is gearing up for a wave of initial public offerings (IPOs) in 2023, aiming to bolster its economy and create financing channels for emerging sectors. The Capital Market Authority (CMA) released a report highlighting the Kingdom’s strategy to attract foreign investors, increase their ownership in the market, and enhance institutional investments. … Read more