INSEAD Day 4 - 728x90

Business

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Salik profit slips in H1

The company said traffic recovery supported resilience.

Alpha Dhabi profit jumps 48%

AI and technology investments boost earnings.

Agthia profit, dividend jump

Transformation lifts earnings, cash generation.

2PointZero reports strong H1

Expansion drives earnings, revenue growth.

Nayifat Finance to trade on Tadawul

By TRENDS Desk
November 19, 2021 5:26 pm
  • The stock will have +/- 30 percent daily price fluctuation limits and +/- 10 percent static price fluctuation limits
  • These fluctuation limits will be applied during the first three days of listing, and from the fourth trading day onwards

Nayifat Finance Company (NFC) will start trading on Tadawul on November 22, according to a Saudi Exchange filing.

The stock will have +/- 30 percent daily price fluctuation limits and +/- 10 percent static price fluctuation limits, the company said on Tadawul.

These fluctuation limits will be applied during the first three days of listing, and from the fourth trading day onward, the daily price fluctuation limits will revert to +/- 10 percent and the static price fluctuation limits will no longer apply.

Retail investors started, on Nov. 7, subscription to 3.5 million shares of NFC, at SR34 ($9) a share.

[adinserter block="5"]

Most Read

Environment Agency – Abu Dhabi issues marine water quality policy

ABU DHABI,  UAE – The Environment Agency – Abu Dhabi (EAD) has issued a policy on sustaining marine water quality that reviews the current situation and main challenges related to…

Energy, commodity prices hurt profits of GCC firms

GCC-listed companies' net profit dropped to US$ 57.9 billion in Q2-2023. While retail, capital goods, and utilities sectors faced profit declines, the banking sector thrived.

Exclusive: Private military companies look at $366.8bn market as their demand, role in global conflicts rise

Rising security concerns, confrontational geopolitics, and chaotic global changes have fueled the demand for private military companies, the new reality of modern warfare.

NYU Abu Dhabi team develops wireless pill to control gut neurons

Abu Dhabi, UAE — Researchers at NYU Abu Dhabi (NYUAD) have developed an ingestible device that uses light to activate neurons in the gut. This new technology, called ICOPS (Ingestible…

The future of wellness hospitality: From short escapes to lifelong longevity

In recent years, wellness travel has evolved from a niche pursuit to one of the most dynamic sectors in global tourism. What began as an occasional escape from stress has…

INSEAD Day 4- 300x600
INSEAD Day 4- 300x600
[adinserter block="4"]