Latest news with #SaudiExchange
Argaam
22-07-2025
- Business
- Argaam
Almoosa Health to announce Q2 2025 results on Aug. 3
Almoosa Health Co. will release its Q2 2025 financial results before the Saudi Exchange (Tadawul) opens for trading on Aug. 3, according to a Tadawul statement. The company will hold an earnings call on Aug. 4 at 3:00 pm Saudi time after the close of the trading session to address investor and analyst questions. The healthcare provider posted a Q1 2025 net profit of SAR 51.1 million, compared to SAR 13.7 million in Q2 2024, according to data available with Argaam. Analysts expect Almoosa Health to report a profit of SAR 45.20 million for Q2 2025.
Zawya
22-07-2025
- Business
- Zawya
Saudi Elevare360 and Qatari Sahmik sign strategic partnership to accelerate IR Innovation across the GCC
Riyadh, Saudi Arabia – Elevare360 Advisory, a Saudi-based investor relations and strategic communications consultancy, and Sahmik, a Qatari capital markets data and analytics platform, have signed a strategic partnership agreement marking a pivotal step toward advancing investor relations (IR) standards across the Gulf Cooperation Council (GCC). As part of the agreement, the two firms will launch a co-branded bilingual Investor Relations Platform tailored to clients in Saudi Arabia. The new solution, 'Powered by Sahmik × Elevare360,' will integrate real-time market data, ESG dashboards, and institutional-grade reporting tools into state-of-the-art IR websites. Already trusted by major GCC listed companies, Sahmik's platform brings proven technology and credibility to the Kingdom. The solution will offer Saudi issuers a digital gateway to articulate their equity story, meet disclosure requirements, and actively engage shareholders—supporting the region's digital transformation drive to attract long-term capital and position listed companies for global visibility. This partnership reflects the rising prominence of the Saudi stock market and the abundant opportunities it presents for regional and international investors. It also signals the growing maturity of GCC-based companies in adopting professional IR practices and forging high-impact cross-border alliances. Amid the Kingdom's busiest issuance cycle to date, 2024 saw 44 new listings raise the Saudi Exchange's total to 353 companies—up from 247 Main-Market names at the end of 2023. Momentum is set to accelerate, with forecasts from Al Rajhi Capital, EY, and others projecting 50–60 IPOs across 2025–26. Against this backdrop of rapid expansion, the Elevare360 × Sahmik collaboration arrives at a pivotal moment—equipping issuers with data-rich, bilingual IR technology and strategic counsel to stand out, meet rising disclosure demands, and compete for global capital on a broader, faster-moving market stage. 'This partnership underscores our conviction that data-driven investor-relations (IR) solutions are essential for Saudi companies that want to attract and retain both institutional and retail investors. By deploying these cutting-edge tools, we can help transform the Kingdom's capital market. Together with Sahmik, we're equipping issuers to be more transparent, investor-ready, and fully aligned with the ambitions of Vision 2030,' said Dr. Mishal Al-Harbi, Co-Founder and COO of Elevare360. 'The Elevare-Sahmik alliance is a natural extension of our mission to democratize access to capital markets data and IR technology. By combining our analytics engine with Elevare's strategic expertise, we're delivering a truly end-to-end IR solution that scales across the GCC,' said Dalibor Pajic, Head of Content and Data Management. Rasha El Hassan, Head of IR Advisory at Elevare360, emphasized, "The integration of advanced analytics and real-time market intelligence with strategic advisory services is a game-changer for IR professionals across the region. Through our partnership with Sahmik, we are empowering companies to proactively manage investor perceptions, streamline compliance, and elevate their equity narratives in alignment with global best practices. This collaboration marks a significant leap forward in setting new standards for investor engagement and transparency in our region." Initially focused on Saudi Arabia and Qatar, the partnership plans to expand across the broader GCC in response to growing demand for digital IR tools and localized advisory services. As proud members of the Middle East Investor Relations Association (MEIRA), both Elevare360 and Sahmik view this partnership as a testament to the value of regional collaboration within the MEIRA community—demonstrating how shared standards, data transparency, and strategic storytelling can unlock cross-border value.
Zawya
17-07-2025
- Business
- Zawya
Saudi feed producer Naf Company to debut on Nomu next week
Saudi Arabia's Naf Company for Feed Industry will list its shares on the Saudi Stock Exchange Parallel Market, Nomu next week. The shares of the animal feed producer will trade under the symbol 9644 with ISIN Code SA16B164MM11 on Sunday, July 20, 2025, the Saudi Exchange confirmed on Wednesday. The upcoming stock market debut follows the successful conclusion of Naf's initial public offering (IPO), which was 111% oversubscribed. The 20% IPO, which ran from June 22 to June 26, 2025, was set at SAR 76 ($20) per share. (Writing by Cleofe Maceda; editing by Seban Scaria)
Arab News
13-07-2025
- Business
- Arab News
How SDRs help Saudi investors access global markets
The Saudi Exchange, or Tadawul, launched its first Saudi Depository Receipts, allowing international equities to be traded locally in riyals. SDRs are financial instruments that allow investors in Saudi Arabia to access shares of international companies without owning the actual shares. They are issued by a local financial institution or depositary bank in Saudi Arabia and represent a certain number of shares in a foreign company. Essentially, SDRs mirror the actual shares traded in the company's home market. Listing SDRs on Tadawul can attract Saudi-based investors who want exposure to international markets without directly investing in foreign exchanges. This broader investor base can boost the company's market visibility and increase trading volumes. These instruments are designed to facilitate cross-border investments, enabling Saudi-based investors to diversify their portfolios by investing in foreign companies while trading in their local currency and adhering to domestic regulatory frameworks. SDRs are traded on Tadawul just like regular shares, making them accessible to local investors without the need to navigate the complexities of foreign markets. SDRs offer several advantages that appeal to Saudi-based investors, including diversification benefits, easy access, tax advantages, liquidity, and transparency. The appeal of SDRs ultimately depends on factors such as the company's performance, geopolitical issues, and market conditions. SDRs are traded on Tadawul just like regular shares, making them accessible to local investors without the need to navigate the complexities of foreign markets. At the Saudi Capital Forum in Riyadh last February, where BMG Financial Group and Dalipal Holdings Limited were sponsors, we discussed with Tadawul officials how Dalipal, listed on the Hong Kong Stock Exchange, could benefit from the issuance of SDRs once launched. BMG and Dalipal have signed a memorandum of understanding to explore a dual listing and the issuance of SDRs. For Dalipal, issuing SDRs will align with Vision 2030, enhance their global brand recognition, mitigate geopolitical risks, and improve liquidity. It is also notable that Dalipal plans to expand its manufacturing facilities to produce advanced pipes for the oil, gas, and hydrogen sectors. They are already preparing their site at King Salman Energy Park in Dammam, Eastern Province. Their SDRs are a link with Saudi investors, fostering a mutually beneficial relationship that promotes cross-border investment and economic integration. The SDRs initiative marks the debut of depository receipts in the Saudi financial market. It is seen as a strategic step toward reinforcing Riyadh's position as a global financial centre, in line with the country's Financial Sector Development Program. • Basil M.K. Al-Ghalayini is chairman and CEO of BMG Financial Group.
Zawya
09-07-2025
- Business
- Zawya
Saudi real estate stocks climb after Cabinet endorses foreign ownership
Real estate stocks on the Saudi Exchange (Tadawul) reached a new high on Wednesday, the highest since May 2025, following the Cabinet's approval of a law regulating property ownership by non-Saudis. The Real Estate Management and Development Company's index recorded the highest gain in the past 11 sessions. Umm Al Qura for Development and Construction Company (Masar), Saudi Real Estate Company (Al Akaria) and Retal Urban Development Company rose between 7 percent and 9 percent. Jabal Omar Development Company, Dar Alarkan Real Estate Development Company, Emaar The Economic City rose between 2 percent and 4 percent. The new law will be effective in January 2026, Saudi Minister of Municipal and Rural Affairs and Housing Majid Al-Hogail said. According to the updated law, the Real Estate General Authority is responsible for proposing the geographic area within which non-Saudis may own real estate or acquire other property rights, Saudi Gazette newspaper reported. The minister has previously stated that the real estate sector has attracted investments of nearly 900 billion Saudi riyals since the launch of Vision 2030, as reported by Al Sharq Business. In December 2024, Zawya Projects had reported that PIF-owned developer ROSHN is looking to expand its digital capabilities to enable sales outside the Kingdom and to non-Saudi residents in 2025. (Editing by Anoop Menon) (
