stock market

The UAE’s stock market capitalization has surged by 21.3 billion dirhams ($5.79 billion) this year, thanks to three new initial public offerings launched since the beginning of 2024, according to a new analysis. Alef Education Holding,…
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Ten investors have been convicted of violating the Kingdom’s Capital Market Law and ordered to pay the government a total of $27.1 million in fines and compensation for losses, the Saudi Press Agency reported on Thursday. The Appeal…
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Saudi Arabia led the Gulf Cooperation Council initial public offering market with an annual 594 percent surge in the first quarter of 2024, according to Kuwait Financial Centre. A report issued by the organization, commonly known as…
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Saudi Arabia’s economic growth and efforts have enhanced indirect investment opportunities in the Kingdom’s stock market, said a top official of the Egyptian financial services company, EFG Hermes. Ahmad Shams El Din, head of research…
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Saudi Arabia is reportedly in talks with central Wall Street banks for a significant share sale of Aramco, marking a substantial move in the stock market. Last month, Bloomberg reported that Citigroup Inc., Goldman Sachs Group Inc., and…
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The Dubai Financial Market witnessed a 12.5 percent surge in the number of investor accounts in 2023 as compared to the previous year, the Emirates News Agency, also known as WAM, reported on Tuesday. The report, citing official data,…
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Saudi Arabia’s financial watchdog has referred 25 suspects to the Kingdom’s public prosecutor after the share prices of 84 listed companies were manipulated. The Capital Market Authority revealed the offenses go back as far as 2019, and…
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The President of the Russian Central Bank, Elvira Nabiullina, said today, Friday, that the Moscow Stock Exchange is ready to resume trading on the stock market starting next Monday. She explained that "trading in the stock market will open…
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