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Tadawul
Economy
Saudi’s Arabian Mills lists and starts of trading on Saudi exchange
The IPO consisted of 15.39 million ordinary shares, accounting for 30 percent of the company’s total issued share capital
Banking & Finance
EFG Hermes KSA: Banking on opportunities in Saudi Vision 2030 and beyond
Since 2019, firm has successfully completed more than 14 IPOs in the Kingdom
Markets
Arabian Mills IPO 132 times oversubscribed, generating $35.74 billion in total orders
The company set the final offer price at SAR66 per share, indicating a market capitalization of $903Â million
Energy
ACWA Power launches commercial operations at Saudi Arabia’s 700 MW Ar Rass solar project
ACWA Power expects the project's financial impact to be reflected during the second half of 2024 onwards
Markets
Saudi Arabia to get new Social Responsibility Index
The index seeks to encourage enhanced company practices
Markets
Saudi Arabia’s Rasan gets IPO approval, to offer 22.7 million shares on Tadawul
The IPO will involve the sale of 30 percent of the company's capital
Markets
Saudi Arabia’s traded shares exceed $52 billion in January
Despite global uncertainties, Saudi stock indexes reflect stability and growth
Markets
Aramco: Saudi Arabia considering a $10 billion share sale
As soon as February
Economy
Arab stock markets hit record gains of over $493 bn in 2023
UAE and Saudi Arabia propel region's robust market performance
Markets
Saudi Exchange introduces TASI50 Index: Tracking top 50 market cap companies
Launch supports Tadawul's benchmark goals for Saudi Vision 2030
Saudi Arabia
Saudi telecommunications companies record profits of $1.5 billion
Driven by increase in subscriptions and digital bank initiatives