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  • Saudi Tadawul Group Announces its Intention to Launch a Bundle of Enhancements to Develop the Post Trade Infrastructure

    The announcement was made at the Saudi Capital Market Forum which was held for the first time by the Saudi Tadawul Group, under the patronage of HE. Mohammed Elkuwaiz, the Chairman of the Capital Market Authority, brings together issuers, investors, private companies, government agencies and financial institutions for a day of dialogue dedicated to advancing the Saudi capital market.

  • Saudi Tadawul Exchange to Allow Single-Stock Futures From Next Quarter

    Saudi Arabia will start futures trading on single stocks in the second quarter of this year, the head of the Tadawul stock exchange said, as the Middle East’s largest bourse moves to boost liquidity. The Tadawul will initially select about 10 liquid companies for futures trading, Chief Executive Officer Khalid Al-Hussan said in an interview with Bloomberg TV on Monday.

  • Saudi Tadawul posts 17.4% jump in 2021 profit amid buoyant market

    Saudi Tadawul Group (1111.SE), the bourse's owner and operator, posted a 17.4% rise in full-year net profit in 2021, fuelled by the strong performance of the Saudi capital market last year. Tadawul, which listed in December last year, reported a net profit of 587.7 million riyals ($156.64 million) for the period ended December, up from 500.52 million riyals a year earlier.

  • Saudi Arabia’s PIF-backed Elm set to raise $820m through Tadawul IPO

    The deal is the latest in a series of IPOs on Saudi Arabia’s bourse, the biggest in the Arab world by market value, as companies seek to tap into public markets for liquidity to expand operations. There was a sharp rise in the number of listings last year amid a rebound in the kingdom's economy.

  • All you need to know before trading on Tadawul today

    Saudi Arabia’s stock exchange fell for a second consecutive day on Monday as cautious trading took over, and investors braced for more earnings announcements.

  • Tadawul All Share Index: Saudi Arabia’s index is at 15-year highs

    “Sentiment in Saudi Arabia is bullish due to brisk economic activity, sequential gains in corporate profits, lucrative IPO activity, a strong real estate market, and very high oil prices,” said Tarek Fadlallah, chief executive officer of Nomura Asset Management, Middle East.

  • Saudi Arabia Tadawul Stock Exchange Soars After IPO

    Saudi Tadawul Group surged on its trading debut after the stock exchange raised $1 billion, marking the biggest exchange IPO since Euronext went public in 2014. The shares rose as much as 22% on Wednesday on bets that buoyant Middle East stock markets will attract more listings from private companies and cash from investors around the world. The pipeline for IPOs in the kingdom is “deeper than ever,” Chief Executive Officer Khalid al Hussan said in an interview with Bloomberg Television. “It will be even better next year,” he said, adding that technology, health care and education companies are among the newcomers to the market.

  • Saudi bourse operator Tadawul sets price range for up to $1 bln IPO

    Saudi Tadawul's listing plan comes after a boom in IPO activity in the kingdom following the listing of Saudi Aramco in 2019, which raised $29.4 billion in the world's biggest flotation. Tadawul, which is among the top 10 global stock markets with a market capitalisation of about $2.8 trillion, will become only the third publicly traded regional stock exchange, after the Dubai Financial Market and Boursa Kuwait, once it is listed.

  • Saudi Arabia’s Tadawul increases size of its shares offered to retail investors in IPO

    Saudi Tadawul Group, the owner and operator of the kingdom’s stock exchange, said it has increased the size of the offering for retail investors to 30 per cent, up from 10 per cent that were offered initially, as it seeks to increase the participation of individual investors. The holding company plans to sell 36 million shares or 30 per cent of its 120 million issued share capital to the public, it said in a statement earlier this week.

  • Saudi Capital Market Authority approves the IPO of 30% of Tadawul

    Tadawul, the Saudi stock exchange company is going public in an IPO. The Capital Market Authority (CMA) has approved the request of the Saudi Tadawul Holding Group Company to offer 36 million shares for public subscription, representing a 30 percent Tadawul stake. The Authority’s approval of the application is valid for six months from the date of the decision.