Tadawul
The Beirut Stock Exchange led the upward movement among Arab stock exchanges, with its index increasing by 29.03 percent
SBI Holdings and BIM Ventures aim to attract over $200 million in foreign direct investment and manage assets exceeding $2 billion
Saudi Arabia’s IPO proceeds reached $512 million during the quarter with six offerings
The price range for the IPO was set between SAR5 and SAR5.30 per share
Since 2019, firm has successfully completed more than 14 IPOs in the Kingdom
The Kingdom raised $2.1 billion from 19 offerings, making up 59 percent of total GCC IPO proceeds
Aramco's bond issuance began on July 9 and will end on July 17
UAE's Parkin raised the highest proceeds, contributing 37.2 percent to total proceeds of MENA IPOs
The index seeks to encourage enhanced company practices
The IPO will involve the sale of 30 percent of the company's capital
Despite global uncertainties, Saudi stock indexes reflect stability and growth
UAE and Saudi Arabia propel region's robust market performance
Launch supports Tadawul's benchmark goals for Saudi Vision 2030
