Alpen Capital Saudi Arabia has been licensed by the Capital Markets Authority (CMA) to commence operations. The company has established its first office in Saudi Arabia in the city of Riyadh and hired a team of professionals who are well versed with t
JEDDAH – The Middle Eastern and North African reinsurance markets continue to benefit from the region’s robust economic expansion, the MENA Reinsurance Barometer report said Sunday. Growing insurance premiums and a relatively low exposure to natur
Saudi Arabia’s benchmark Tadawul All-Share Index (TASI) turned red on Wednesday, reversing after a five-day surge and dropping 23 points for the session. The index stepped down 0.21 percent to close at 11,126.01 points. Most of the sector indices en
Saudi Arabia’s stocks were mixed and its main index rose just 0.07 percent. Heavyweight Saudi Basic Industries pulled back 0.5 percent. But shares in construction firm Abdullah Abdul Mohsin Al Khodari Sons Co jumped 4.2 percent after the company said o
Saudi Arabia’s benchmark stock index continued its upward march and managed a third straight rise on Sunday, accumulating 67 points further. The index continued pacing its way higher throughout the day to close in the green territory at 11,135.
Qatar Exchange ended in the red area when trading closed yesterday at 13,882.49 points, down 103.49 points, or 0.74 percent, from the previous closing of 13,985.98 points on Thursday. The volume of shares was up to 20,397,935 from Thursday 14,852,387
AlKHAIR Capital Saudi Arabia, the leading Saudi-based investments institution, has launched the AlKhair Capital Plus Sukuk Fund – its open-ended, Sharia-compliant investment fund for investment in fixed income markets. The fund is aimed at gene
Saudi Arabia’s stock market regulator has levied heavy fines on seven companies for a range of disclosure failings. They include late earnings disclosure, misleading information on vital business changes, failing to disclose the appointment of a boa
The Saudi stock market was in the red on Tuesday, reversing after a 5-day surge and dropping 0.62 percent for the day. The Tadawul All-Share Index (TASI) opened on a negative note and plunged to a maximum decline of 90 points, closing at 11,048.19.
Saudi Arabia’s benchmark the Tadawul All-Share Index (TASI) closed at 11,112.12 and ended its Sunday’s trading up over seventy points or 0.63 percent. Its year-to-date return exceeded thirty percent. Micro cap index remained prominent, growing by 1.3