Oil giant Saudi Aramco has profits of $161 billion in 2022The oil giant Saudi Aramco announced that it earned a $161 billion profit last year. Higher crude oil prices propelled the profits. The ann...
12 Mar, 2023, 03.17 PM IST
Saudi oil giant Aramco shares hit record highAramco's stock was trading at 42.9 Saudi riyals ($11.4) in Riyadh, according to the Saudi Tadawul market website.
02 Mar, 2022, 04.43 PM IST
Saudi Arabia's Nahdi Medical set to raise up to $1.36 billion in IPOThe offering's price range was set at 119 riyals-131 riyals a share, according to a bourse filing. The company is selling 39 million shares...
01 Mar, 2022, 11.42 AM IST
Saudi bourse set to start options trading on single stocksThe Tadawul stock exchange plans to allow options trading in five to 10 companies initially over the next few weeks, the people said, askin...
18 Feb, 2022, 04.08 PM IST
Welspun joint venture company EPIC lists on Saudi bourseThe company's market capitalization at the opening price stood around Rs 3,700 crores. Post the public market debut, Welspun Corp owns abou...
14 Feb, 2022, 08.33 PM IST
Saudi IPO market set for bumper year boosted by lockdown savingsFour out of seven IPOs from Gulf countries last year launched on Saudi Arabia's Tadawul bourse, the largest market in the region with avera...
10 Feb, 2021, 04.49 PM IST
Saudi bourse could go public within two years, says CEOA timeline for an initial public offering (IPO) will be provided this year, Tadawul CEO Khalid Alhussan told Reuters on the sidelines of th...
28 Jan, 2021, 08.39 PM IST
Saudi Arabia's Jadwa hires HSBC to advise on exiting UEMedical: SourcesUnited Eastern Medical Services (UEMedical) is specialised in women's, fertility and children's healthcare and has a network of premium hea...
24 Nov, 2020, 03.34 PM IST
Saudi Arabia has a busy IPO pipelineThere are currently 15 applications for new listings in the Saudi stock market, the region's largest bourse, CMA chairman Mohammed bin Abdu...
04 Nov, 2020, 07.21 PM IST
Saudi bourse Tadawul officially launches derivatives marketSaudi Arabia has become a member of Tadawul with the right to conduct brokerage services for derivatives trading and to deal as a principal...
30 Aug, 2020, 05.09 PM IST
Listing catapults Saudi Arabia ahead of Canada, Germany in market capitalisationThe company’s stock hit the daily upper circuit limit of 10 per cent on the Riyadh’s Tadawul stock exchange on the opening day.
12 Dec, 2019, 08.39 AM IST
How Saudi Aramco’s mammoth share sale stacks up in five chartsThe kingdom will list only 1.5 per cent of the company on the Tadawul.
18 Nov, 2019, 04.26 PM IST
Saudi Aramco seeks $1.71 trillion valuation in world’s biggest IPOAramco will sell just 1.5% of its shares on the the local stock exchange, the Tadawul.
18 Nov, 2019, 10.06 AM IST
NSE may set up derivatives desk in RiyadhHowever, restrictions on future share sales mean an international IPO may be ruled out.
11 Nov, 2019, 08.39 AM IST
Saudi Aramco set to shake up global markets with $1.5-trillion valuationThe market capitalisation of Aramco will be almost twice that of Apple Inc.
25 Jan, 2018, 02.52 PM IST
Saudi bourse takes more steps to bolster emerging markets caseThe Saudi government plans to create the world’s largest sovereign wealth fund.
11 Jan, 2018, 10.46 AM IST
Three crucial things we still don't know about the Aramco IPOThe 2018 deadline looks tight and the final shape of the deal is no clearer than it was a week ago.
29 Oct, 2017, 12.05 PM IST