Financial indicators

CGS Holding Sets⁣ IPO price‍ Range as TASI Listing Looms

RIYADH – Gronenfelder Saadi Holding Union (CGS) has announced a price range of 9.50‌ to 10.00 Saudi Riyals per share for its potential initial public offering (IPO) on the Tadawul All Share Index (TASI),according to a statement released ‍today. Al Jazira Capital is serving as the financial advisor,subscription manager,and underwriter for the offering,with Arqaam Capital Financial Company‍ acting as an institutional bookrunner.

The planned IPO will see⁢ 30 million CGS shares – representing 30% of the company’s 100 million Riyal ‍capital⁤ – offered to the public. This⁢ listing provides investors an chance to ⁣participate in the growth of CGS, a notable player in[insertCGS’sindustry/sector-[insertCGS’sindustry/sector-[insertCGS’sindustry/sector-[insertCGS’sindustry/sector-this facts is missing⁣ from the source and woudl ⁣be crucial for a complete article]. The book-building process for participating categories began today and will continue‌ until November 11, 2025.⁣

Following the institutional book-building period, the offering will open to individual investors on November 26, 2025, and remain open for two days, concluding on November 27, 2025. Each share has a​ nominal value of one Riyal.

Saudi Aramco Announces Production Increases,⁤ Eyes 80% sales ⁤Gas Capacity Growth by 2030

DHAHRAN – Saudi Aramco is actively increasing ⁢production across multiple sectors, ⁣including a significant push to expand its sales ⁤gas capacity by approximately 80% between ⁤2021 and 2030. ⁣The ​company highlighted recent completion ‌and ​planned operation of major oil‍ and gas projects as key drivers for this growth, leveraging advanced capabilities and attracting international investment, especially within the Jafurah ⁢unconventional gas project.

The ⁢strategy focuses​ on value-enhancing growth while meeting rising energy demand through ‌integrated businesses and technological⁢ advancements, including artificial intelligence and digital infrastructure. Aramco also intends to strengthen its global presence ​in refining, chemicals, and marketing‍ through strategic international investments, solidifying its role‌ as⁢ a​ reliable‌ partner in these sectors. The company anticipates further innovation​ through a planned minority stake acquisition in⁢ Humane⁣ Company, a move designed to bolster ​its position ​in the⁤ rapidly evolving artificial intelligence landscape.

During the ⁤first nine⁣ months of‌ 2025, Aramco’s refining, chemicals, and marketing ⁤sector utilized ‌roughly ⁤54% of the company’s crude oil production, maintaining a supply reliability rate of 99.9%.​ Though, profits for the first nine months of 2025 ⁣decreased to 278.6 billion riyals, compared to 307.1 billion riyals ‌during the same period in ‌2024, with third-quarter profits reaching 97.3 billion ⁣riyals.

Sinomi Centers ⁣Launches 4.5 billion Riyal Sukuk Offering

RIYADH – Sinomi Centers has commenced the offering of Sukuks, Islamic bonds, totaling 4.5 billion⁤ riyals (approximately $1.2 billion USD), the company announced this week. The issuance aims too bolster the firm’s general commercial activities⁣ and address financial and strategic objectives,‍ including the⁢ refinancing of existing debts.

This Sukuk program⁤ represents a notable‍ funding initiative ‍for Sinomi​ Centers, enabling the company to pursue growth opportunities ⁢and⁣ strengthen its financial⁤ position. The Sukuks are treated as capital/equity ‍for Zakat‌ purposes during their outstanding period, reflecting their unsecured priority status. Investors shoudl note that the purchase of these bonds is governed by⁤ the terms and conditions‍ outlined in the⁣ submission form⁤ and the accompanying prospectus.

The offering was‌ initially signaled last⁣ October with the release of a preliminary prospectus. Sinomi Centers clarified that ⁢this declaration does ​not constitute an offer or invitation⁢ to buy, own, or subscribe to any securities, emphasizing the importance of reviewing ‌the official documentation ​before ⁤making any‌ investment decisions.

Extensive Path for Education Launches Prospectus for TASI​ Offering, Allocating 30% to Individual Investors

Riyadh, Saudi arabia – October 26, 2025 – Comprehensive Path for Education Company today announced the release of its prospectus for⁢ an⁤ initial public offering (IPO) ‌of 30.72 ⁤million shares on the Saudi Exchange (TASI).The offering includes a significant‌ allocation of⁣ 30% of shares ​reserved for individual investors, signaling a broad opportunity for public participation⁢ in the education sector.

The IPO comes as‌ Saudi Arabia‘s capital markets continue‌ to expand, driven by the Kingdom’s Vision 2030 diversification goals. Comprehensive Path‌ for Education’s offering provides investors‌ with exposure to a rapidly growing education market, while the dedicated portion for individuals aims to democratize‌ access to investment opportunities within the TASI.⁢ The prospectus details the company’s business operations, financial performance, and future growth‌ strategy, offering potential ‌investors a comprehensive overview ‌before ‌the ​subscription period opens.

Key ​financial institutions are acting ⁤as receiving⁢ agents for the offering, including Derayah Financial, Al Ahly Capital, EFG Hermes, Riyad Capital,‌ BSF Capital, Al Jazira Capital, Yaqeen‌ Capital, Albilad⁤ Capital, Al Arabi Capital, Al Rajhi Capital, Al⁣ Istithmar Capital, Alinma Capital, Alawwal Investment, ‍Al Khabeer Capital, Sahm ⁣Capital, GIB⁢ Capital, ⁣Musharaka Finance, ‌and ‌Returns on Financial Assets.‍

Investors interested in participating can access the full​ prospectus at​ https://argaamplus.s3.amazonaws.com/9b1e7b35-10e4-4291-bf0f-7b8fd512613b.pdf. Further⁤ details regarding the subscription period and pricing will⁢ be announced shortly.

Gold Prices Surge as Central Banks and Investors​ Drive Demand

LONDON – Gold prices are demonstrating resilience and ‌strength, fueled⁤ by both increased investment demand and ⁢continued accumulation by central banks‍ globally, according too recent analysis.the metal’s performance is‌ especially notable given current⁤ market conditions, showcasing its ⁣ancient role as​ a diversification⁢ tool and​ store of value during‍ periods ⁢of stock market⁢ volatility.

Historically, gold exhibits an inverse relationship with stock markets, particularly during downturns. Current ⁢evaluations confirm this trend, highlighting gold’s appeal as a safe haven asset. This ⁢demand is compounded by expectations that central banks will⁣ remain active buyers, with ​a recent World Gold‍ Council survey indicating most⁢ anticipate increasing gold ⁤reserves in the coming ⁢period.

Price variations between markets are attributed ​to the physical‍ nature of gold trading, impacted by factors like​ customs ⁢duties, quotas, and physical supply. India,⁣ such as, recently transitioned ​from a‌ discount market to a premium market due to changes⁤ in physical ⁢stock‍ availability.

While the World Gold Council has adjusted its expectations,lowering forecasts‌ for central bank⁣ demand due ‍to rising prices,it has ⁤together ‍raised expectations for investment demand.⁢ this shift is anticipated ‍to be reinforced by continued declines in interest rates, particularly in ​the United States, alongside growing concerns regarding high levels ‌of public debt.‍

Analysts ​emphasize that the direction of US interest rates will be a key factor for investors ‍to monitor. The Federal Reserve’s policy, and potential leadership changes, are ⁢expected to substantially influence global gold prices.