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Ultra-rich families are set to control USD 9.5 tn by 2030
Loose restrictions are leaving family offices with more power in financial markets
Fourth Milling to sell 30% stake in Tadawul IPO
The IPO will take place through a secondary share sale
Al Khorayef continues East Asia tour
PLUS: Saudi wants Italy to be its partner for green hydrogen exports to Europe
Al Rajhi Bank acquires majority stake in fintech startup Drahim
The investment will be used to enhance Drahim’s existing products
Al Majed Oud prices its IPO top of the range at SAR 94 a piece
Retail investors can place orders starting 15 September
Fully covered
The transaction will give the company a market cap of up to SAR 3.4 bn at listing
Companies look to next year for IPO plans amid market uncertainty
IPOs in the US have raked in USD 30 bn less than their annual average over the past decade in…
Nvidia shares slide despite highly anticipated 2Q earnings beating forecasts
Nvidia shares had fallen about 8% in extended trading at the time of writing, representing a roughly USD 200 bn…
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