RIYADH: A package of incentives is to be offered to Saudi companies to list on the Riyadh-based stock market, with more initial public offerings (IPOs) expected next year, according to the CEO of the exchange. The Saudi Stock Exchange, known as Tadawul, expects IPOs to pick up next year, its chief Khalid Al-Hussan told Reuters, while the launch of stock index…
RIYADH: Parents in Saudi Arabia will spend millions of dollars on back-to-school shopping, according to retail analysts and market leaders.“Back-to-school is a major shopping event, and a sizeable amount is spent on school uniforms, shoes, books and other accessories,” Khaled Al-Ghanem, owner of the Al-Samran Stationery Store in Riyadh, told Arab News.Al-Ghanem said that “most hypermarkets, supermarkets, bookshops and stationery…
RIYADH: Enhancing Saudi-South Korean cultural ties will add “an important facet” to the “very wide-ranging” bilateral relationship, South Korean Ambassador Jo Byung-Wook told Arab News on Saturday. The Korea-Arab Friendship Caravan will be held in the Saudi capital on Oct. 14. More than 20 Korean artists will perform at the cultural event in the Riyadh-based King Fahd Cultural Center (KFCC),…