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Saudi stock market exchange Tadawul seeks to raise up to $1b from IPO

RIYADH: Saudi Arabia's stock exchange, Tadawul, seeks to raise up to SR3.8 billion ($1 billion) from its public shares sale after setting the price range per share between SR95 and SR105. Tadawul appointed SNB Capital as the lead manager, financial advisor, book-runner, Global Coordinator and underwriter for the initial public offering, while J.P. Morgan Saudi Arabia, and
Saudi Arabia Ar Riya Saudi Tadawul Group Holding Co Global Coordinator Citigroup Saudi Arabia Al Ahsa

Mark Carney unveils $130tn (£95.42tn) green coalition- but they can still invest in coal | City & Business

However the announcement has been criticised by campaigners who point out that members are still able to continue to support fossil fuel companies in the short term. The group Reclaim Finance point out that four members of the group’s Net-Zero Insurance Alliance provide more than 20 percent of all oil and gas insurance which their […]
Lucie Pinson Peter Bosshard Insurance Alliance Reclaim Finance Net Zero Insurance Alliance Global Coordinator

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