Financial and Banking News
INVESTMENT ACTIVITIES
Saudi Stock Market Opens, Oman Announces plans
Share trading in Saudi Arabia was transferred to a central trading floor in Riyadh on 12 May, inaugurating the Kingdom's first formal stock market. Previously all trading, which is conducted through the intermediation of the 11 commercial banks, was conducted through a network of telephone and telex links dealing in the 46 officially listed local companies. Share trading in the Kingdom has...
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