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15/04/2015 08:27 AST
Saudi Arabia's Tadawul stock market reported a 74 percent jump in net profit in 2014, aided by higher income from trading, it said in a statement.
The company made a net profit of SR265 million ($70.7 million) in 2014, according to a statement posted on the bourse website.
Revenue generated by the bourse rose 41 percent to SR487 million in 2014, aided by an increase in the value of shares traded - the average daily value of trading volumes rose to SR8.6 billion from SR5.5 billion in 2013, it said.
Last year, the Tadawul's chief executive said the company was looking to go public, without giving a timeframe for the initial share sale.
Saudi Arabia's Capital Market Authority has announced it will open the stock market to direct investment by foreign institutions in the first half of this year.
Reuters
22/03/2016
With reference to Tadawul's announcement dated on 30/01/1437H corresponding to 2015/11/12 , for the appointment of Mr. Khalid Abdullah Al Hussan as an acting CEO of Tadawul, the CMA Board of Commissi
Tadawul
08/05/2014
Saudi Arabia's stock exchange plans to sell shares in an initial public offering as the Arab world's largest bourse seeks to gradually open up to foreigners and boost institutional investment.
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Bloomberg
09/07/2013
The Saudi Stock Exchange (TADAWUL) would like to congratulate the public on the approach of the Holy month of Ramadan. On this occasion TADAWUL would like to draw the publics attention that the excha
Tadawul
14/09/2024
RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <
Saudi Gazette
12/09/2024
Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces
Arab News
04/05/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
05/04/2018
Standard & Poor's (S&P) has affirmed QIB's Issuer Credit Rating at A-, Qatar's leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB's rating
Gulf Times
05/04/2018
Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told
The Peninsula
Financial Information Co.
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