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Top Saudi SE News

Saudi Re, KSA's First Reinsurer Get License

The Saudi Arabian Monetary Agency has issued a license to operate Saudi Arabia's first reinsurance company, Saudi Re with a paid up capital of SR1 billion. The Saudi Gazette - 07Aug 07:12GMT
Al-Rajhi Steel To Spend SR4Bn To Double Output

Al-Rajhi Steel Industries, one of Saudi Arabia's three largest steel producers, said it plans to spend up to SR4 billion ($1.07 billion) to more than double its production capacity by as early as 2012. Saudi Press Agency - 06Aug 10:33GMT
Yamama Saudi Cement to become a founding partner in Hael Cement

(Arabic) Yamama Saudi Cement will take 5% stake in new SAR1.2 billion Hael Cement for SAR60 million. Al-Arabiya - 05Aug 10:12GMT
Investors inject SAR1.74 billion in Astra IPO by day 9

(Arabic) About 2.7 million individual investors injected over SAR1.74 billion in the initial public offering of Saudi-based Astra Industrial Group. Al-Arabiya - 05Aug 08:01GMT
Al Rajhi Buys Stake In Core Construction

Al Rajhi Investment Group (Arig), a leading diversified business group located in Saudi Arabia with business interests throughout the region, is acquiring a majority in the UAE-based Core Construction Company. Emirates Business 24/7 - 05Aug 05:10GMT

Public Offering Frenzy
The Middle East IPO market is projected to grow at a rate of 20 to 30% per annum in the next few years, says Millennium COO.
Foreigners Fleeing?
Foreign investments have been flowing out of Gulf stock markets in spite of robust earnings growth at the end of the first half of this year.

Holding Up
As long as the slide in oil prices is limited to one from unjustifiable levels to merely high ones, Gulf markets should be able to hold up.
Strong Pipeline
IPOs in the Gulf are expected to remain steady in 2008, despite the stock markets passing through a bearish phase, analysts say.

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Stories in Saudi SE

Companies in Saudi SE

Last Value 06Aug 13:45GMT	8,451.06
Change	51.14 ( 0.60%)
Previous Close	8,502.20
Open	8,502.20
Day High - Low	8,539.04 - 8,450.15
Year High - Low	11,895.47 - 7,697.24
YTD Change	24.38%
» More Indices \| Charting \| Exchange Info
Total Market Cap USD	437,750,947,922
Volume	93,581,925
Value Traded USD	894,836,178
Transactions	129,785
Traded / Listed Stocks	124 / 125
Stocks Movement 27 Up - 72 Down - 25 Unchanged

06Aug08 15:05GMT

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Company Ranking

Ranked by Market Cap | No. of Employees | Total revenue

	Company	Country	Market Capital ($mil)
1	Saudi Basic Industries Corporation	Saudi Arabia	98,732
2	Saudi Telecom	Saudi Arabia	33,778
3	Al Rajhi Bank	Saudi Arabia	32,543
4	Samba Financial Group	Saudi Arabia	16,342
5	Saudi Arabian Fertilizer Company	Saudi Arabia	14,386
» View Full List

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