Saudi Arabian Oil Company is planning to list on Tadawul.
The TASI (Tadawul All Share Index) denominated in Saudi Riyal (where one SAR is around 27 cents) is down around 2%.
Foreign listing plans have been put on the shelf for now. Oil in Saudi Arabia is relatively cheap to extract being close to the surface.
The TASI (Tadawul All Share Index) denominated in Saudi Riyal (where one SAR is around 27 cents) is down around 2%.
Foreign listing plans have been put on the shelf for now. Oil in Saudi Arabia is relatively cheap to extract being close to the surface.
