DAMAC's stock on Tuesday experienced its heaviest trading volume since March 2018, with 8.6 million shares changing hands, 5.4 times their 30-day average.
The Fatwa and Legislation Department has submitted to the Council of Ministers a draft law that allows banks to declassify the data of their customers, as provided by the CRS Convention on Join Reporting
Trade turnover grew amidst lower volumes in the bourse, where industrials, realty and banking sectors together accounted for more than 82% of the total volume.
In 2018 and for the second consecutive year, Global Saudi Equity Fund ranked amongst the 5 best performing conventional funds and 10 best performing equity funds in a universe of 90 shariah and conventional funds in the Saudi market.
Oman will likely raise the money in the first and second halves of the year, “depending on market conditions,”