Saudi Arabia’s Elm IPO 1,311% oversubscribed to reach $3.2bn

RIYADH: Saudi digital security firm Elm has completed its retail offering with 1,311 percent oversubscription, generating up to SR12.09 billion...

SAIB’s board recommends highest dividend since 2016; 33% capital hike

RIYADH: The board of Saudi Investment Bank, known as SAIB, has recommended its highest cash dividend since 2016, at SR0.7...

US stimulus progress, China invests in US tech, vaccine moves

Top Democrats have expressed support for a bipartisan $908bn stimulus plan from US senators

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