StartupsFinancial Post2 days ago
Saudi IPO Delay Hits Lagging Stock Market
1 min read
Mutlaq Al-Ghowairi Contracting Co. delayed its share sale due to the war in Iran, derailing what would have been the Gulf region's biggest listing this year. The Tadawul All-Share Index has gained about 5% this year, trailing global peers, as foreigners remain underweight Saudi equities.
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