Live Breaking News & Updates on Saudi Networkers Services Co
Stay updated with breaking news from Saudi networkers services co. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
RIYADH: Riyadh-based Saudi Networkers Services Co. has set the price of its initial public offering at SR71 ($19) per share as it plans to list its shares on the Kingdom's stock exchange, according to a bourse filing. The technical consulting services provider is looking to float 25 percent of its capital, amounting to 1.5 million shares, on Saudi Arabia’s parallel market ....
RIYADH: Saudi Networkers Services Co., a Riyadh-based technical consulting services provider, has posted a 28-percent drop in profit ahead of its initial public offering. Its profits fell from SR39.1 million ($10.4 million) to SR28.3 million in 2021, despite marginal revenue growth of 1.1 percent to SR473 million, Argaam reported. Saudi Networkers attributed the year-on-year ....
RIYADH: Saudi Arabia’s main stock market advanced on Tuesday, recovering some momentum after dropping to its lowest level in six months earlier this week. The main TASI index added 2.6 percent to 11,659, propelled by gains in some of its biggest players including Saudi Aramco and Al Rajhi Bank, while the parallel market Nomu lost 0.8 percent to 20,875. With Saudi Arabia ....
RIYADH: Saudi Networkers Services Co., a Riyadh-based technical consulting services provider, said it intends to proceed with an initial public offering for a 25 percent stake. Looking to float 1.5 million shares on Saudi Arabia’s parallel stock market Nomu, the company has hired Aldukheil Financial to advise on the IPO, according to a statement. Derayah capital will act as ....
RIYADH: Saudi Arabia’s stock market dropped on Tuesday to lead the fall in the Gulf, despite an above estimated 9.9 percent growth in the gross domestic product in the first quarter, according to official data. On a different note, credit rating agency Moody’s affirmed the Kingdom's rating at ‘A’ with a stable outlook, primarily driven by the government’s fiscal policy ....