Saudi property firm Amlak plans first post-coronavirus Riyadh IPO

Saudi property firm Amlak plans first post-coronavirus Riyadh IPO

Saudi Arabia is encouraging new companies to list in a bid to deepen capital markets.. "Being a publicly listed company will give us more visibility among our clients, will help us build our business and will also help reduce our cost of capital and boost profitability considerably," Amlak CEO Abdullah Al-Sudairy said.. China's foreigner ban leaves global businesses in limbo /node/1689956/business-economy. Many fear for their future as executives, teachers and students are stranded in their home countries. BEIJING: China's coronavirus travel ban is wreaking havoc among foreign companies and international schools, with many fearing for their future as executives, teachers and students. International schools have also seen students and teachers stranded overseas.. International schools have made huge investments in China in recent years - hoping to tap demand from expats and wealthier Chinese families seeking an international-standard education for their children.. International schools had already been facing challenges because of falling numbers of expats living in China in recent years..