An Israeli minister spoke publicly for the first time in Saudi Arabia’s capital Riyadh about “blossoming ties” between the two countries, the latest sign the duo are inching toward normalizing relations - and even thanked the two leaders, mentioning first the Kingdom of Saudi Arabia.
Since May 2019, the MSCI Saudi Arabia and MSCI Tadawul 30 Indexes and the MSCI Saudi Arabia Investable Market Index (IMI) have outperformed the MSCI Emerging Markets IMI. The MSCI Tadawul 30 Index includes the top 30 stocks listed in the Saudi equity market.
Johnson Controls Arabia (JCA) celebrated the company's latest export achievement of more than 300 Saudi-made YORK Scroll Chillers to the American market during this year, with a total market value of 100 million Riyals in the initial phase.
Saudi Arabia’s Flynas, backed by billionaire Prince Alwaleed Bin Talal, has hired Goldman Sachs Group Inc., Morgan Stanley and Saudi Fransi Capital for a potential initial public offering in Riyadh, according to a report in Bloomberg.
