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Saudi-Arabian-Airlines-Catering-company

Saudi Arabian airlines gets catering unit IPO approval

The offering, which will consist of 24.6 million shares, will be sold to the public between June 18-24, following a period of bookbuilding which will decide the price which prospective investors will pay.

May 27, 2012 5:36
 
Saudi King Slams Stock Market Manipulation -Report

Saudi King Slams Stock Market Manipulation -Report

King Abdullah has ordered a crackdown on manipulation of Saudi Arabia's booming stock market, insisting action should be taken if necessary against improper trading by members of the royal family, the daily Alsharq newspaper reported on Monday.

April 9, 2012 5:00
 
Saudi CMA Head: Stock Market Opening To Be Gradual

Saudi CMA Head: Stock Market Opening To Be Gradual

Saudi Arabia's long-awaited opening of its stock market to foreigners will be "gradual", the country's capital market regulator said on Tuesday.

April 3, 2012 4:34
 
Kuwait appoints 3 new members at market regulator

Kuwait appoints 3 new members at market regulator

Kuwait named three new commissioners to the Gulf Arab state's fledging Capital Markets Authority (CMA), state news agency KUNA said, ending a protracted dispute.

March 5, 2012 1:33
 

Saudi to OK some foreign ownership of stocks

Saudi Arabia's plans to open up its stock market will limit direct foreign ownership to investors with at least $5 billion under management and allow each to hold a maximum 5 percent of a stock's issued share capital, two industry sources said.

December 10, 2011 4:21