Saudi Arabia aims to increase potential public offerings as it seeks to diversify its economy away from oil and develop its ...

Saudi Arabia has repaid SAR60 billion ($16 billion) worth of sukuk (Islamic bonds) maturing over the next five years and simultaneously issued new sukuk of the same value. The initiative aims to ...

The value of assets under management in Saudi capital markets surpassed SAR1 trillion for the first time last year. Their value was 21 percent higher than in 2023, according to the Capital Markets ...

Saudi Arabian hospital operator Specialized Medical Co. unveiled plans in Riyadh Saudi Arabia has been the busiest Middle Eastern venue for new share sales so far this year, with firms raising ...

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It has 16 million registered users in Saudi ... Arabia in 2024, allowing it to expand into new products. It has raised $1.15 billion in funding to date between equity and debt. It is backed by ...

DUBAI, Feb 20 (Reuters) - Saudi Arabian healthcare group SMC Hospitals has hired banks for a potential initial public offering (IPO) on the local bourse, three sources with knowledge of the matter ...

Saudi Arabian Mining Company (Ma’aden) has successfully raised $1.25 billion from its first international issuance of senior unsecured Sukuk, marking one of the most successful inaugural Sukuk ...

Saudi Tabreed District Cooling Co is working with Citigroup Inc and SNB Capital for a potential initial ... Overall, Saudi Arabia had IPOs worth more than $4bn in 2024, and the pipeline for ...

CMA approves public offering for SNB Capital GCC Petrochemical Sector Fund. Image: Shutterstock Saudi investment bank and asset manager SNB Capital, a subsidiary of Saudi National Bank (SNB), is set ...

SNB Capital has appointed Muath Al-Aqran as manager of Asset Servicing and Administration. Based in Saudi Arabia, Al-Aqran joins from Riyad Capital where he served for close to seven years. Prior to ...