Economy

SAUDI STOCK MARKET

Tadawul IPO Pushed to ‘2019 at the Earliest’ as Kingdom Eyes MSCI Inclusion Bump

MBS bloomberg
Saudi Arabia is delaying the IPO of the Tadawul, the Kingdom's stock exchange, "on hopes that a potential MSCI Inc. upgrade could boost its value," according to Bloomberg which cited people with knowledge of the matter.

OIL MARKETS

For Oil Markets, ‘Volatility is Back’

aramco-oil-gas-energy
Rising optimism around global economic growth coupled with continued OPEC compliance to output targets and rising geopolitical tensions all contributed to pushing Brent oil prices to near 2014 highs, according to a recent report on the oil market by Riyadh-based Jadwa Investment.

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