Waleed al-Bawardi, director of cash and markets at Tadawul, the Saudi exchange, said details on disclosure requirements were being hammered out with the Capital Markets Authority (CMA) after the regulator amended listing rules in January to allow for cross-listing.
July 18, 2012 1:00
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
Saudi Arabia’s Tadawul All-Share Index posted gains on world equities and oil prices.
July 12, 2010 8:36
Most Middle East markets fell Monday on concerns of euro zone debt crisis and a drop in oil prices.
May 18, 2010 10:06
Retail conglomerate also plans a $150 million expansion drive over the next three years.
April 11, 2010 11:45
Tadawul index up 0.7 percent following news of $9.5 billion restructuring plan.
March 27, 2010 5:35