Rising energy prices have also lifted morale in the market, with the Dubai Financial Market hitting a 6-month high
Saudi bourse
Latest in Saudi bourse
Abu Dhabi Securities Exchange
Stock market: UAE indexes gain, Saudi main index ends in red on Monday
The Abu Dhabi main index edged 1.57 percent higher, supported by First Abu Dhabi Bank gaining 1.52 percent to close at AED17.36
Capital Market Authority
Saudi Arabia announces new rules for foreign investors
The latest proposals are expected to have a positive impact on encouraging foreign investment in the Saudi capital market, besides increasing its attractiveness and efficiency and enhancing its regional and international competitiveness
Crown Prince Mohammed bin Salman
Saudi Arabia plans IPO of $500 billion project Neom by 2024
The Saudi crown prince also unveiled funding details of Neom. First phase, which runs until 2030, will cost 1.2 trillion riyals, with about half of that covered by the Public Investment Fund
Abdullah Al Othaim Markets
Saudi mall operator Abdullah Al Othaim Markets cancels IPO plans
The company earlier said it was going to sell 30 percent of its shares
GCC IPO market
Saudi stock exchange soars on debut after $1bn IPO
Shares opened at SAR115.4 before rising as much as 21 percent to SAR126.6
GCC IPO market
Saudi stock exchange sets IPO price at top end of range
Riyadh-based stock exchange set a valuation of $3.4bn
Almunajem Foods
Almunajem’s IPO said to draw demand for all shares on sale
Riyadh-based firm is selling 18 million shares through the IPO, that’s seeking to raise as much as $288 million
Almunajem Foods
Saudi food giant Almunajem picks HSBC for IPO, plans to list 30%
Almunajem supplies foodstuffs to more than 22,000 outlets, including retail, food services, and wholesale channels
Almunajem Foods
HSBC chosen to advise on Saudi food giant’s IPO as boom rolls on
Riyadh-based Almunajem could announce the deal as soon as in the next few weeks
IPO activity
JPMorgan, Citigroup to get slice of $21m Saudi IPO fee
Fees compare with the $42m that lenders and advisers including JPMorgan and Citigroup shared from ACWA Power International’s IPO in September
IPO activity
Saudi stock exchange set for December trading debut, CEO says
Offering could value the bourse at between $3bn and $4bn, according to sources
Foreign investors
Video: Saudi Arabia’s Tadawul starts derivatives trading
Khalid Al Hussan, chief executive officer at Tadawul, discusses the launch of derivatives trading on the Tadawul, the roll out of more products and his outlook for the IPO market.
Aramco IPO
Video: Why foreign investors questioned Aramco’s IPO valuation
The lack of interest among overseas investors for oil group Saudi Aramco’s debut share sale.
Aramco IPO
Video: How the Saudi Aramco IPO could change the oil market
Saudi Aramco’s IPO could be a challenge for oil market dynamics.
Amin Nasser
Saudi Aramco IPO: Everything you need to know
Saudi Aramco will allow investors to start bidding for shares in the world’s most-profitable company from November 17.
IPO
Saudi sports firm seeks approval for stock market listing, sources say
Bahrain-based Investcorp acquired a 25 percent stake in Leejam Sports Co in 2013