The National Debt Management Center has completed the receipt of investor requests for the local Sukuk issuance for August 2024, as part of the Saudi Arabian government’s Sukuk program in Saudi Riyals. The total allocation for this issuance was set at SR6.018 billion. The center’s statement detailed that the issuance was divided into five tranches.
Liva Group, a leading multi-line insurer in the GCC, today said that a potential merger between Liva Insurance Company (“Liva KSA”) and Malath Cooperative Insurance Company was part of a strategy to expand its footprint in Saudi Arabia. Liva KSA, which is listed on the Saudi stock exchange and majority owned by Liva Insurance BSC
Arabian Mills for Food Products Company(“Arabian Mills” or the “Company”), one of the market-leading flour milling companies in the Kingdom of Saudi Arabia (“KSA” or the “Kingdom“), announces its intention to proceed with an initial public offering (“IPO” or “Offering”) and the listing of its ordinary shares (“Shares”) on the Main Market of the Saudi