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The new methodology will be applied starting from February 2021.
18 January 01:34 PM EGX develops EGX30 index methodology
Cairo – Mubasher: The Egyptian Exchange (EGX) completed the development of the EGX30 index methodology to boost the ability of the index to attract more investments. The free-float weighted market cap indicator will be added, along with the …
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3 January 04:43 PM SAFCO rebrands to SABIC Agri-Nutrients Co.
Riyadh – Mubasher: The Saudi Arabian Fertilizer Company (SAFCO) has completed the procedures to effect its name change in the company’s by-law and commercial register after obtaining the approval of the extraordinary general meeting (EGM). Hence, …
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22 December 2020 04:55 PM Tadawul delists SAR 1bn worth of government debt instruments
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) announced on Tuesday the changes for the listed debt instruments. The issuance number 1005-5 (Tadawul Code: 5235) with a total value of SAR 1 billion will be delisted due to maturity by the end …
The trading on the shares of Palms Sports begins on Monday
21 December 2020 10:49 AM ADX lists Palms Sports on Second Market
Abu Dhabi - Mubasher: The Abu Dhabi Securities Exchange (ADX) has announced the listing of Palms Sports, a subsidiary of International Holdings Company (IHC), on its Second Market under the trading symbol PALMS. The trading on the shares of Palms …
The extension is applicable to all ‘Tajer Abu Dhabi’ licenses expiring by the end of the year
17 December 2020 04:58 PM ADDED allow one-year extension to secure Tajer Abu Dhabi license
Abu Dhabi – Mubasher: The Abu Dhabi Department of Economic Development (ADDED) has issued an administrative decision giving enterprises a one-year extension to secure a ‘Tajer Abu Dhabi’ license even without an official business location in the …
Zee Stores will be listed on ADX on 23 December 2020
13 December 2020 01:51 PM CSD registers two companies for listing on ADX
Abu Dhabi  –  Mubasher: The Clearing, Settlement, Depository, and Registry Services Department (CSD) has registered the shares of Zee Stores and Palms Sports to prepare for their listing and trading on the Abu Dhabi Securities Exchange (ADX). Zee …
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10 December 2020 09:17 AM Al Samaani to begin trading on main market today
Riyadh – Mubasher: Al Samaani Factory for Metal Industries Company’s stock will begin trading on the main market starting as of Thursday, 10 December 2020. The Saudi firm received recently the go-ahead from the Saudi Stock Exchange (Tadawul) …