Opening up of Saudi stock market a strong catalyst for MSCI or S&P rating upgrade
The Saudi equity market could be a strong candidate for an upgrade by the global indices provider, like MSCI or the S&P ratings, depending on its size and liquidity after it opens up to foreign investors, said industry participants.
Oman's Aqar plans to go public next year
Aqar Property Developers is mulling over a proposed strategy of going public with the IPO next year, according to its senior management.
Prolonged bearish oil market may hit Omani market
Oil contributes more than 60% to Oman's revenue.