Pakistan shares electrical energy invoice reduction plan with IMF – Pakistan

Economy By Aug 31, 2023 No Comments

Pakistan has shared its electrical energy invoice reduction plan with the Worldwide Financial Fund (IMF). In accordance with the sources, beneath the plan, the proposal to extend the essential unit of electrical energy in a phased method whereas facilitating the cost of electrical energy payments was additionally supplied to the IMF. Underneath the plan, it’s proposed to supply facility to…

The Saudi market closed on the rise, and Aramco shares rose 2.2%

World By Aug 30, 2023 No Comments

The Saudi inventory market closed increased at this time, Wednesday, after the rise in oil costs and the easing of fears of accelerating rates of interest in america, whereas the Dubai Inventory Alternate prolonged its losses after it recorded the best stage in eight years on Monday. Information on Tuesday confirmed that new job creation in america fell to its…

Seera Holding proclaims the intention of its firm, Lumi, to supply 30% of its shares for subscription

World By Aug 27, 2023 No Comments

The Saudi Seera Holding Group, “Sera”, introduced the intention of its subsidiary, Lumi Leasing, to supply 30% of its shares for an preliminary public providing and to checklist its shares on the principle market on Tadawul. The providing is predicted to incorporate the sale of 16.5 million unusual shares. The interval for registering the requests of the taking part entities…

After the disaster of revealing “Boubyan” shares… Amendments to the foundations of the Kuwait Inventory Trade

World By Aug 20, 2023 No Comments

Authorized sources revealed to the Kuwaiti newspaper, Al-Jarida, that the disaster of delaying disclosure of the developments within the liquidation file of Boubyan Financial institution shares will open the door compulsory for reviewing and amending the inventory alternate’s rule e book, after it was confirmed that it was not in conformity with the disclosure directions within the govt rules of…

“Tadawul” agrees to “Riyad Capital” to follow market making on “SABIC” shares

World By Aug 14, 2023 No Comments

The Saudi Tadawul Firm authorized the request of Riyad Capital to interact in market making actions on the shares of the Saudi Primary Industries Company (SABIC). In keeping with a press release posted on the “Tadawul” web site, the market maker’s obligations to the Saudi Primary Industries Company might be a minimal of 80% of the orders remaining. The minimal…

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