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Nokia charging back with full force
Saudi government websites targeted
The catering unit of Saudi Arabian Airlines is seeking to raise 1.3 billion riyals ($350 million) by floating 30 percent of its shares, the prospectus showed as the initial public offer opened to retail investors on Monday.
June 18, 2012 6:08
It confirmed in a statement that shareholders had approved the venture, in which EFG would have a 40 percent stake and QInvest 60 percent.
June 4, 2012 10:54
To raise up to 1.37 bln riyals from 30 pct IPO sale; Institutional portion oversubscribed nearly 5 times; Share price range set at 45-57 riyals; Listing seen early June; Saudi IPO sector showing signs of revival
May 17, 2012 12:19
Kuwait Finance House, whose shares were suspended on Monday, said it had sold 20 plots of land for 10.19 million Kuwaiti dinars ($36.7 million)
April 2, 2012 5:18
The GCC’s only listed natural gas company has seen its stock decline 14.8 percent and its CEO says it’s because they’re misunderstood
April 20, 2011 10:39Investors' confidence begins to return as fears over global economy recede and oil prices rise.
June 21, 2010 3:53Price of the metal continues to soar as stocks take a battering.
June 9, 2010 3:23Rumors circulate that it has asked investment firms to begin technical studies on Zain ahead of sale.
May 31, 2010 3:31Kingdom Holding Company to acquire full control of KHI for $5 per share.
May 5, 2010 9:30Trading on Tamweel’s shares was suspended in 2008 after it was announced that the firm would merge with its rival Amlak.
February 21, 2010 11:23The seven day winning streak is the longest that the Saudi market has seen since September last year, says Bloomberg.
February 20, 2010 10:38Currently, foreigners cannot hold shares in the lender.
February 9, 2010 12:01Dubai-based port operator DP World is planning to list…
January 6, 2010 5:23Shares on the Dubai Financial Market (DFM) fell on Tuesday following a four day gain of 20 percent…
December 15, 2009 8:50
The search engine giant confirms its purchase of popular blogger site.
May 21, 2013 2:52
Employees say no promises for higher wages have yet been made.
May 21, 2013 11:57
The state plans to get tough and reduce the number of foreign residents.
May 20, 2013 5:05
An FNC member to argue that minimum wages are 'taking advantage' of employers.
May 20, 2013 4:24
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43
