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Six Saudi firms join FTSE’s Global equity roster. PLUS: A new oil discovery with Kuwait

Six Saudi firms join FTSE’s Global equity roster. PLUS: A new oil discovery with Kuwait

ALSO: MSCI hikes Aramco inclusion to 0.025%

Saudi Kayan, Nice One report 1Q earnings

Saudi Kayan, Nice One report 1Q earnings

Kayan saw its net loss widen 35.7% y-o-y

Electrical Industries Co. sees net income double + Modern Mills reports 2024 results

Electrical Industries Co. sees net income double + Modern Mills reports 2024 results

PLUS: Nice One’s net income rises 120% y-o-y

Nice One shares rise 30% on first day of Tadawul trading

Nice One shares rise 30% on first day of Tadawul trading

The company raised SAR 1.2 bn in proceeds

Nice One prices Tadawul IPO at SAR 35 apiece

Nice One prices Tadawul IPO at SAR 35 apiece

The final pricing could see Nice One raise up to SAR 1.2 bn in proceeds

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