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Foreign investors were net sellers on Tadawul last month
Local investors were net buyers of Saudi equities last month, with net purchases worth SAR 656.6 mn
MAY 6-9 May (Monday-Thursday): Saudi Smart Manufacturing, Riyadh. 6-9 May (Monday-Thursday): Saudi Smart Logistics, Riyadh. 12 May (Sunday): Bookbuilding starts for Rasan’s Tadawul IPO 13-15 May (Monday-Wednesday): Smart Future Expo, Riyadh. 13-15 May (Monday-Wednesday): Poultry Expo Riyadh. 13 May (Monday): Saudi Giga Projects, Riyadh. 13-15 May (Monday-Wednesday): Middle East Poultry Expo, Riyadh. 14-15 May (Tuesday-Wednesday): […]
Jake Sullivan says there’s no unilateral Saudi-US deal, but Tom Friedman says it’s still in the cards
Plus: BlackRock caps a big week with new licenses from CMA
Fakeeh Care IPO looks set to be Saudi’s largest listing so far this year
Bookbuilding for institutional investors opened on Thursday, with orders fully covered in under an hour
Bookbuilding for Leaf Global’s IPO on Nomu set for 26 May
Leaf Global plans to float a 30% stake on Nomu at SAR 5 per share
Local lenders may need to look for alternative funding sources, S&P Global says
The Kingdom’s loan-to-deposit ratio exceeded 100% in 2022, up from 86% at the end of 2019
Robo-advisor Abyan Capital closes series A round
Tech-focused VC Saudi Technology Ventures led the funding round
Acwa Power set to build Central Asia’s largest wind farm
The company also secured SAR 10.1 bn in syndicated loans