Shujaa al-Baqmi
Business Saudi Arabia: Positive Week For 90% of Listed Companies

Saudi Arabia: Positive Week For 90% of Listed Companies

The shares of 173 companies listed in the Saudi stock market ended their transactions of the past week on the upside with market index achieving positive gains…

Shujaa al-Baqmi (Riyadh)
Business Aramco’s IPO Pushed to Record $29.4 billion

Aramco’s IPO Pushed to Record $29.4 billion

Saudi Arabian oil giant Aramco announced Sunday that its initial public offering raised a record $29.4 billion, a figure higher than previously stated after…

Shujaa al-Baqmi (Riyadh)
Business Saudi Market Witnesses 7% Boom in 2019

Saudi Market Witnesses 7% Boom in 2019

The Saudi stock exchange total gains in 2019 amounted to 7 percent, especially with the Aramco IPO and traders rushing to buy its shares. The Saudi stock…

Shujaa al-Baqmi (Riyadh)
Business Aramco Shares Influence Saudi Stock Market Index

Aramco Shares Influence Saudi Stock Market Index

The shares of Saudi Aramco started influencing the performance of the Saudi stock market index on Wednesday, with trades that are most active in terms of both…

Shujaa al-Baqmi (Riyadh)
Business Foreign Investments in Saudi Stock Market Reach New Record High

Foreign Investments in Saudi Stock Market Reach New Record High

Total ownership of foreign investors in the Saudi stock market reached a new record high, reflecting the attractiveness of the capital market. It stood at 9…

Shujaa al-Baqmi (Riyadh)
Business Companies Listed on 'Tadawul' Make Profits Worth 17B in 9 Months

Companies Listed on 'Tadawul' Make Profits Worth 17B in 9 Months

Recent figures issued by the Saudi Stock Exchange (Tadawul) reveal that the percentage of ownership of foreign investors increases from week to another in…

Shujaa al-Baqmi (Riyadh)
Business Saudi Companies to Conclude Announcing Financial Results on Monday

Saudi Companies to Conclude Announcing Financial Results on Monday

Saudi companies will conclude on Monday the announcement period of their financial results for the Q3 2019. These results are complementary to the first…

Shujaa al-Baqmi (Riyadh)
Business Saudi Stocks Overcome ‘Aramco Test’ Pressure

Saudi Stocks Overcome ‘Aramco Test’ Pressure

The Saudi stock market index achieve gains of 2.4 percent in the past two days, recovering from Sunday’s drop of 1.99 percent in wake of Saudi Aramco’s…

Shujaa al-Baqmi (Riyadh)