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(Bloomberg) — A strong start for Europe’s initial public offerings in 2024, driven by a handful of high-profile newcomers to the market, bodes well for a rebound in listings in the region for the rest of the year. With $5.7 billion raised via first-time share sales this year up to March 27, Europe is on…
The Mena region could become 10% of MSCI EM Index, with Saudi Arabia accounting for around 70% of this, said Richard Cormack, Co-Head of Equity Capital Markets EMEA, at Goldman Sachs.
Saudi Arabia’s Capital Market Forum is set to enhance ties with China’s capital markets by venturing beyond borders to host the next edition in Hong Kong. The Capital Market Forum — CONNECT Hong Kong, set for May 9 in the port city, was announced by Khalid Al-Hussan, CEO of Saudi Tadawul Group, during a fireside chat at the Riyadh forum. The forum, designed to facilitate cross-border investments and foster collaboration, will feature a series of strategic discussions and networking platforms, inviting key financial minds and decision-makers.
Saudi Arabia’s capital market is very attractive in the eyes of global investors, and its authorities are pushing for more regulation to enhance the market’s accessibility and stability, say panellists at the Saudi Capital Market Forum.
What is drawing foreign investors to the Saudi Exchange? At Saudi Capital Market Forum 2023, in Riyadh on February 12-13, international financial leaders will discuss the forces behind this trend – and more.