Last year, Saudi Exchange was the biggest market in the Middle East and Europe for initial public offerings. Whereas in the past it would expect to host about five IPOs a year, in 2022 it launched over 50 new listings and that impressive momentum has shown no sign of slowing down in 2023.
"This demonstrates the vibrancy of our economy and the significant level of interest, not only from companies seeking to be listed, but also from local and international investors wanting to share in the success of Saudi Arabia's economic growth journey," says Mohammed Sulaiman Al-Rumaih, CEO of Saudi Exchange, which is now one of the world's 10 largest stock exchanges in terms of its market capitalization that stood at almost $3 trillion in June.
Diese Geschichte stammt aus der October 13, 2023-Ausgabe von Newsweek Europe.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der October 13, 2023-Ausgabe von Newsweek Europe.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Mystery of Ginger Cat Is out of the Bag
The genetics behind the vibrant orange color in feline coats is finally confirmed after 112 years
Paris Hilton & Nicole Richie
PARIS HILTON AND NICOLE RICHIE ARE READY TO BRING A LITTLE “SANASA” to the world with Peacock's Paris & Nicole: The Encore, their first project together since their reality show The Simple Life ended in 2007. What's “sanasa”? It's a song and phrase the longtime friends created as kids and popularized on The Simple Life. The show, a cultural phenomenon in the early days of reality TV, followed them over a series of blue-collar jobs. Now they're bringing it back as an opera. “I know this is just going to make people laugh, have fun, be nostalgic and just celebrate our friendship,” Hilton said. While Richie acknowledged “you can't do Simple Life again,” she said now “felt like the right time.” The famous pair also revisit some old jobs in Arkansas, like fast-food chain Sonic, where they now have drinks named for them. “I think that there is a part of our friend- ship that the show ended up showing that people connect to,” Richie said. As for this new special, Hilton is glad to do something positive for their fans. “It's been such a crazy past couple years, and I just feel like the world needs more joy.”
What Next for Your Drugstore?
Walgreens and Amazon are placing opposing bets on the future of retail pharmacy
AMERICA'S GREATEST WORKPLACES for Diversity
AS COMPANIES IN THE UNITED STATES CONTINUE TO navigate the evolving dynamics of the workplace, diversity remains a cornerstone of organizational success and social responsibility.
FIGHTING SPIRITS
ANDREA MCCARTHY TOLD FRIENDS and family when she gave up alcohol on January 1, 2024, that she would toast 12 months off the sauce with a drink to ring in 2025. As that anniversary approached, the Los Angeles-born content creator told Newsweek she had had a change of heart.
Lessons Over Lunch
Ninety-year-old volunteer Hugh showed me how the winter years can be full of purpose
Is California's Green Dream Hot Air?
The state aims to rely on zero-carbon energy sources in two decades' time but has hurdles to overcome along the way
Power Struggle
As the dust settles following the toppling of Bashar al-Assad, new front lines could be drawn in Syria's old civil war
Ray Romano
THE MAJOR THING ABOUT NETFLIX'S NO GOOD DEED THAT APPEALED TO Ray Romano was that it was unlike anything he'd done before.
Has J.K. Rowling Won the Culture War?
After years of backlash over trans issues, the Harry Potter author has received major business backing
