Gulf countries are expected to confirm domestic legislation shortly after the framework is released, according to reports
The lender could potentially issue in May this year
The platform launched with one ETF from Afkar Capital
Mubadala sold 45 million shares in AMD for around $613m
The firm will use its proceeds to fund acquisitions of real estate assets
The central bank plans to introduce a ceiling on total foreign currency positions
Authorities estimate that about 2.5 million Saudi citizens are working in the private sector without medical cover
Any stakes would be no greater than 10 per cent
On their first day of trade, all seven Parallel Market stocks soared 20 per cent
Ayman Alsayari was deputy governor for investment at Saudi Arabia Monetary Authority
The bank has struggled with a rise in bad loans
Up to 5 per cent of the world’s largest oil producer is likely to be listed
JPMorgan Chase & Co, Morgan Stanley, and HSBC Holdings have reportedly been selected
Prices fell 0.4 per cent from a year earlier last month, their first drop since the early 2000s
The sovereign issued a debut $17.5bn bond in October last year
Saudi officials expect the IPO to value Aramco at a minimum of $2 trillion
Three Qatari banks – Masraf Al Rayan, Barwa Bank and International Bank of Qatar – are holding merger talks
Nashar is the first female CEO of a listed Saudi commercial bank
The state-owned financial free zone reached 447 financial firms in 2016
Sarah Al-Suhaimi, the CEO of NCB Capital, has been appointed to the role
The new market is set to open on February 26
The new firm has been formed by merging Mubadala and IPIC
The size of the deal is likely to be larger than a benchmark issue
Oman’s national oil company might get paid as much as two years before oil is delivered
IPIC took its case to the London Court of International Arbitration last June
The companies have not yet released their annual financial statements
Trading of the new shares following the merger will begin from April 2
Two of the IPOs are likely to be finalised within 2017
Both offers will be confined to Qualified Investors
The Gulf states are aiming to introduce a 5 per cent value-added tax