Saudi Arabia’s MBC Group announces SAR 25 per share final IPO price
Arabian Business » Markets
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7M ago
The book-building process drew considerable support from Saudi Arabia, regional and international investors, resulting in an order book of a whopping $14.5 billion (SAR 54.5 billion), 66 times over subscription ..read more
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Oil prices hit 6-month low on oversupply concerns
Arabian Business » Markets
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7M ago
The crude market remained unimpressed even after the OPEC+ announced production cuts for 2024 ..read more
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SCA-registered green bonds and sukuks cross $4.2bn in 2023
Arabian Business » Markets
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7M ago
Chairman Al Shorafa says UAE government’s decision to exempt registration fee for issuing these sukuk and bonds has led to the surge ..read more
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Dubai Municipality, Union Coop to collaborate to ensure supply of strategic food commodities in local markets
Arabian Business » Markets
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7M ago
The MoU outlines technical specifications for electronically linking data related to strategic food commodities, such as rice, wheat and others within the food security platform ..read more
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Saudi Arabia’s Tadawul teams up with Shenzen Stock Exchange
Arabian Business » Markets
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7M ago
Saudi Arabia and China enhance investment opportunities and commercial and diplomatic ties with stock exchange deal ..read more
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India’s oil demand growth to taper in 2024: Report
Arabian Business » Markets
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7M ago
The projected tapering of demand in the South Asian country echoes a slowdown in China, presenting a fresh headwind for prices ..read more
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Abu Dhabi Exchange sees $979m trades for Alpha Dhabi shares
Arabian Business » Markets
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7M ago
Abu Dhabi Securities Exchange witnesses massive deals for Alpha Dhabi Holding shares ..read more
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Purehealth shares jump 76% on ADX debut, ends day with $17.4bn market cap
Arabian Business » Markets
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7M ago
Purehealth shares massively increased on first day of trading on Abu Dhabi Exchange ..read more
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Abu Dhabi’s IHC witnesses 44 large direct deals worth $1.21bn in a day
Arabian Business » Markets
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7M ago
On Thursday, ADX data revealed 11.159 million stocks of the company were traded at a price of $108.78 per share ..read more
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Global sukuk market reaches $823.4bn, grows 9.8%
Arabian Business » Markets
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7M ago
Fitch Ratings forecasts upwards trend for global sukuk market ..read more
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