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Arabian Mills dips on Tadawul debut
Shares debuted at SAR 66 apiece
Tamkeen HR is taking a 30% stake to Tadawul’s main market
Offering proceeds will be distributed among selling shareholders pro-rata
Almajed Oud reports 22% y-o-y drop in 2Q 2024 net income
Net income grew 18.3% y-o-y to SAR 119.5 mn in 1H 2024
Almajed Oud shares jump on Tadawul debut
The company’s shares debuted at SAR 94.0 per share
Regional tensions weigh on Saudi stock market
Equity market + Alwaleed bin Talal + Fareed Zakaria’s take on the ongoing progress in Saudi Arabia
Almajed Oud shares hit Tadawul today
PLUS: King Salman is undergoing medical testing
Aramco’s USD 3 bn sukuk issuance was 6x oversubscribed
This is an unsubordinated and unsecured issuance
Saudi AUM top USD 250 bn in 1H 2024
The figure is poised to cross USD 300 bn milestone “within a couple of years”
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