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Tadawul joins FTSE Global Equity Index SeriesFTSE Russell has announced that Saudi Stock Exchange (Tadawul) will be classified as a "Secondary Emerging" market in the FTSE Global Equity Index Series from its previous status as "Unclassified". More… |
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Saudi allows foreigners buy sharesSaudi Arabia said on Wednesday it would allow foreigners to buy shares listed on its stock market through licensed intermediaries. The move is seen as a major step toward opening the largest Arab bourse to foreign capital. The stoc More… |
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NCB expects Saudi market recoveryNational Commercial Bank, Saudi Arabia's largest lender by assets, said it expects a recovery in the Saudi stock market to strengthen on relatively cheap share prices and higher demand from investors. "We are still in favour of our bullish More… |
