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Saudi Arabia opens up stock market
2015-06-15 12:10:13| BBC News | Business | UK Edition
Foreigners can now buy and sell shares in listed companies on the Saudi Arabian stock exchange, but investors aren't queuing up just yet, writes Mark Lobel.
Tags: market
stock
opens
arabia
Saudi Arabia opens $585B stock market to foreign investors
2015-06-15 10:54:06| Chemicals - Topix.net
Saudi Arabia's stock market, valued at $585 billion, opened up to direct foreign investment for the first time Monday, as the kingdom seeks an economic boost amid low global oil prices. The opening of the Tadawul Saudi Stock Exchange allows companies, particularly those that are not in the oil business, to raise money straight from foreign investors, with the goal of expanding businesses, diversifying the economy and creating more jobs for the kingdom's growing population.
Tags: market
stock
foreign
opens
Saudi Stocks Jump Most Since April Before Foreigners Get Access
2015-06-14 15:02:33| Chemicals - Topix.net
Saudi Arabian stocks advanced the most in two months a day before the Arab world's biggest bourse allows foreigners direct access. Dubai's benchmark index rose.
Fall in oil prices after Saudi Arabias announcement to raise output
2015-06-12 01:00:00| Offshore Technology
Oil prices declined have fallen as Saudi Arabia announced that it would increase output in order to address demand.
US overtakes Saudi Arabia as biggest oil producer in 2014, report says
2015-06-11 01:00:00| Hydrocarbons Technology
According to a report from BP, US has overtaken Saudi Arabia as the world's biggest oil producer in 2014.
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