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Markets
Announces IPO subscription coverage of 62.7 times
The order book attracted high quality investors and exceeded $7.4 billion
Gold being stokpiled as a greater share of reserves
Oil at $94 meet inflation concerns and interest rate decisions
To showcase compelling Saudi equities to global investors
And commencement of the institutional book building
US indices revealed a concerning trend
Company aimed to achieve SAR1 bn in revenues prior share offering
June saw Saudi Arabia hosting the Arab-China Business Conference
Registrations skyrocketed by 51 percent
Saudi Aramco eyes potential $50 bn secondary share offering
Stocks traded on both exchanges were the biggest gainers
Report offers market insights, potential stock investment opportunities
Surpassing global growth expectations
The IPO of ADES comprises an offer of 338,718,754 ordinary shares
GCC markets mostly down, brighter week ahead
Strong July net foreign inflows for GCC
Investors urged to take advantage of growth potential
Bonds might be issued before year-end
