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Dar Al Balad’s Tadawul IPO sees robust institutional demand
The SAR 9.75 price per share values the company at SAR 682 mn
A market playing defense defines TASI’s flat April performance
TASI was down 0.6% in April as investors are hitting pause and adjusting
Dar Al Balad tests wartime appetite for tech stocks
The offering will see the firm raise up to SAR 204.75 mn in proceeds, valuing the company at SAR 682.5…
Markets across the Middle East jump on ceasefire news
Good morning, all. The two-week ceasefire is looking increasingly fragile by the hour and we’re bracing for the uncertainty of…
KHC to buy Breakthrough Energy stake, Parsons tapped for sports village, Tadawul warns of trading suspensions
Kingdom Holding is moving to acquire a Breakthrough Energy stake from its Chairman Prince Alwaleed at a reduction
TASI’s March rise could be masking weak investor appetite
Total trading value hit SAR 103.9 bn across roughly 4.8 bn shares, with flows largely concentrated in blue chips
Financing investment funds to list on Tadawul
On the main market, borrowing is capped at 15% of net asset value, while funds listed on Nomu have up…
Social trader InvestSky finds a bank partner in ANB Capital
The move gives retail investors regulated access to Saudi and US stocks
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