Markets

Ades holding announces IPO offer price range

And commencement of the institutional book building

Saudi’s Lumi prices IPO at top of range

Company aimed to achieve SAR1 bn in revenues prior share offering

New stock exchange deal fosters closer Saudi and China ties

June saw Saudi Arabia hosting the Arab-China Business Conference

Brent Crude approaches $90 and mixed results for GCC markets

Saudi Aramco eyes potential $50 bn secondary share offering

ADX collaborates with UAE’s leading brokers, launches Investment Outlook Report

Report offers market insights, potential stock investment opportunities

ADES holding company announces Saudi IPO plans

The IPO of ADES comprises an offer of 338,718,754 ordinary shares

GCC markets show resilience amidst global turbulence

Curtain falls on 2Q 2023 earnings season

New Sharia-compliant Saudi equity fund launched

Investors urged to take advantage of growth potential

GCC market dynamics underpinned by $80 crude oil

But also monetary policy and packed earnings calendar

GCC equity markets defy global sell-off, closing on a high note

Ahead of 2Q 2023 earnings season kick-off on 10 July

GCC markets eye global rally, set sights on H1 2023 earnings season kick-off

Investors eagerly anticipate release of Fed meeting minutes

Muscat Stock Exchange to receive $260 mn support from Oman’s Investment Authority

Oman, Switzerland join forces to drive economic diversification, sustainability