Saudi Fransi Capital says three big IPOs in pipeline as market booms
Investment bank Saudi Fransi Capital has three big initial public offers of shares in the pipeline as the Saudi Arabian equity market booms and firms become keener to list, the company's chief executive said.
Dollar/Saudi riyal forwards jump as spot market pressured
The Saudi riyal fell sharply against the U.S. dollar in the forwards market on Tuesday to its lowest level since March 2011.
Saudi stocks buck trend with healthy gains
Saudi Arabia's benchmark Tadawul All-Share Index bucked the three-day prevailing downward trend and logged a sharp gain of 2.39 percent on Sunday.