Shujaa al-Baqmi
Business Saudi Measures Facilitate Listing of Foreign Companies

Saudi Measures Facilitate Listing of Foreign Companies

The Capital Markets Authority (CMA) of Saudi Arabia has introduced measures to facilitate the entry of foreign issuers to the Saudi stock market and encourage…

Shujaa al-Baqmi (Riyadh)
Business Firms’ Outcomes Influence Saudi Stocks Trading

Firms’ Outcomes Influence Saudi Stocks Trading

Saudi Stock Exchange index closed last week at a level below 8,000 by 79 points, amid expectations that fiscal firms outcomes for Q3 would play an influential…

Shujaa al-Baqmi (Riyadh)
Business Saudi Stock Value Jumps 20.8%

Saudi Stock Value Jumps 20.8%

The total value of Saudi stock traded in the market during August jumped by 20.8 percent compared to the previous month, at a time when the total purchases by…

Shujaa al-Baqmi (Riyadh)
Business Saudi Arabia: 6.2% of Funding for SMEs Comes from Banks, Firms

Saudi Arabia: 6.2% of Funding for SMEs Comes from Banks, Firms

The Saudi Arabian Monetary Authority’s monthly bulletin has shown that the funding of micro, small and medium-sized enterprises (SMEs) by the banking sector…

Shujaa al-Baqmi (Riyadh)
Business Saudi Ministry of Finance Warns of Suspicious Virtual Currency

Saudi Ministry of Finance Warns of Suspicious Virtual Currency

The Saudi Ministry of Finance has warned traders in the nation against the use of virtual currencies, saying that they are not legally recognized in the…

Shujaa al-Baqmi (Riyadh)
Business Zain Saudi Arabia Discusses Debts with Ministry of Finance

Zain Saudi Arabia Discusses Debts with Ministry of Finance

Zain Saudi Arabia has started a new round of talks with the Kingdom’s Ministry of Finance to convert the debt it owes, or at least part of them, into shares. …

Shujaa al-Baqmi (Riyadh)
Business Saudi Stocks Stable despite Decline in Oil Prices

Saudi Stocks Stable despite Decline in Oil Prices

Last week's oil prices saw a drop of up to 10 percent, as Saudi Arabia's stock closed at a limited decline of 1.3 percent ahead of the Eid al-Adha holiday. …

Shujaa al-Baqmi (Riyadh)
Business Assets of Saudi Public, Private Investment Funds Amount to $86.1 Bn

Assets of Saudi Public, Private Investment Funds Amount to $86.1 Bn

The value of public and private assets of investment funds in Saudi Arabia registered a new leap during Q2 2019, amounting to SAR323 billion ($86.1 billion),…

Shujaa al-Baqmi (Riyadh)