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Qatari firm to raise foreign ownership cap to 49pcQatar's emir has instructed all companies listed on the country's stock exchange to raise their limit for foreign ownership to 49 percent in a move that could attract more liquidity to the buoyant bourse. The order announc More… |
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Two listed Saudi firms finedThe Saudi bourse watchdog has fined two listed firms a total of 150,000 Saudi riyals ($40,000) for violating bourse regulations. The Capital Market Authority (CMA) fined insurance firm, Allied Cooperative Insurance Group (ACIG), with 50,00 More… |
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Two Saudi firms fined for poor disclosureSaudi Arabia's bourse regulator has fined two listed firms for inadequate disclosure as it tries to improve the image of the local bourse and appeal to foreign investors. The Capital Market authority (CMA) said in a statement on Sunday it More… |
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Listed firms to double in SaudiThe number of listed companies in Saudi Arabia will double over the next two years, according to a senior economist. Brad Bourland, chief economist at Jadwa Investment, made the remarks during the 2nd Saudi IPO Summit which opened yesterda More… |
