Saudi stock offerings fall 68% in 2023.. 12 billion riyals to 8

The MBC Group subscription is set to raise offerings in the major Saudi stock market this year to eight offerings, worth 11.9 billion Riyals, down 68 percent from the same period last year, which amounted to 37 billion Riyals through 17 initial offerings. Individual subscription to 3.325 million Sal shares starts on December 14 and continues until the 18th of the same month, representing 10% of the 33.25 million shares offered for subscription a…