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The final quarter (Q4) of 2015 echoed the sluggish initial public offering (IPO) performance in Q3 proving that 2015 was a volatile year for IPOs in the Gulf Cooperation Council (GCC).
Dubai Financial Market (DFM), Gulf's only listed stock exchange, reported an 89% drop in fourth-quarter net profit on Thursday as trading activity plunged.
Gulf stock markets rebounded in early trade on Thursday, following Asian stock markets higher as oil prices extended their rally into a second day.
US and its allies are probably many weeks or even months away from launching new military campaign against IS in Libya.
Riyadh has little choice but to stick to its promise to use foreign exchange reserves to defend riyal's peg to US dollar.
Desperate for reform but losing hope in their pragmatic president and his promise of a freer society.
An economic battle is likely for dominance of Gulf skies after Iran decided to invest USD27bn in an airline fleet.
Iraq is trying to persuade satellite firms to halt Internet services in areas under Islamic State's rule.
Ask almost any Saudi citizen which institution works best in his country and the answer will be Saudi Aramco.
Many Middle East fund managers have become less bearish towards bonds, a monthly Reuters survey shows.
Latest market and equity research, daily commentaries and technical analysis.
Latest spreadings of companies financials.
|Posted On||Company||Financial Date|
|05 Feb 2016||Aljazira Takaful Ta'wuni Company||New: 31 Dec 2015|
|05 Feb 2016||Arabian Pipes Company||New: 31 Dec 2015|
|04 Feb 2016||Saudi Arabian Refineries Company||New: 31 Dec 2015|
|04 Feb 2016||Fitaihi Holding Group||New: 31 Dec 2015|
|03 Feb 2016||Saudi Paper Manufacturing Company||New: 31 Dec 2015|
Latest estimates covering recommendations, target pricing, and financial forecasts.
|Al Rajhi Capital||No Comments||Dallah Health|
|Al Rajhi Capital||Buy||Shaker Group|
|Al Rajhi Capital||Hold||Almarai|
|Al Rajhi Capital||No Comments||Zain Saudi|
|Al Rajhi Capital||Hold||Arabian Cement|
Too much of a good thing may be a bad thing. This could be the case of the drastic drops in oil prices.06-02-2016
We are living in a strange world with desperate central bankers.02-02-2016
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|Exchange Name:||Saudi Stock Exchange|
|Address:||King Fahd Rd.
P.O. Box 60612 - Riyadh 11555
|Telephone:||00 966 12189999|
|Trading Hours:||Sunday, Monday, Tuesday, Wednesday, Thursday
10:30 - 11:00 Pre-opening
11:00 - 3:30 Continuous Trading
3:30 - 4:00 Pre-closing
All times are local (GMT +3)
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