Saudi Market Poised for Historic Shift as Tadawul Pursues Opening to Foreign Investors
Top Stories

Saudi Market Poised for Historic Shift as Tadawul Pursues Opening to Foreign Investors

TadawulIn a bold step aimed at fostering liquidity and attracting global capital, Saudi Arabias Capital Market Authority (CMA) has opened a public consultation on landmark reforms that would open Tadawul to foreign investors, according to Gulf News. The CMA has published the draft amendments on the Public Consultation Platform Istitlaa, to collect feedback from the public and government entities on proposed laws and regulations. Crucially, the draft plan proposes eliminating foreign investor restrictions, ending swap agreements, and granting direct access to Saudi equities. Currently, overseas investors are required to register as foreign institutional investors. Under the new plan, however, this requirement would be abolished, opening the door to unrestricted direct participation in the Saudi market. Moreover, foreign investors would have full access to direct ownership of Saudi-listed stocks after removing the use of swap agreements. A CMA board member told...
Continue reading
BBNaija: Faith disqualified from the reality show
Breaking News

BBNaija: Faith disqualified from the reality show

Faith disqualified from BBNaija10 over physical violenceFaith Adewale has been disqualified from Big Brother Naija season 10. Following months of competing with 29 housemates and making it to the top 10, Big Brother disqualified him three days to the end of the show. The official BBNaija social media page wrote, “Breaking News! For engaging in physical violence with Sultana over a disagreement, Faith has been disqualified from the competition and is to leave the house immediately.” The incident which occurred this Thursday between Faith and Sultana has been trending all day with people picking sides. While some justified Adewale’s actions, others slammed him, stating the multiple times he’s been offensive in the house. What do you think about Dr. Faith’s disqualification? ,
Continue reading
Don’t use cannabis during pregnancy or breastfeeding, leading OBGYN group says
Health News

Don’t use cannabis during pregnancy or breastfeeding, leading OBGYN group says

A leading OBGYN group has strengthened its guidelines surrounding the use of cannabis just before and during pregnancy, as well as during breastfeeding.(Image credit: Jamie Grill via Getty Images)People who are pregnant or lactating should not use cannabis, newly updated guidelines from the American College of Obstetricians and Gynecologists (ACOG) stress. The professional group, which in a 2017 report already encouraged OB-GYNs to advise their patients against cannabis use during pregnancy, now recommends that clinicians systematically ask about, or "screen for"cannabis use by their patients before, during and after pregnancy. The updated guidelinespublished in September, also say clinicians should educate their patients about the drug's potential risks.ACOG recommends universal screening for cannabis through interviews, self-reports and other validated tools, but the professional group advises against biological testing, which uses hair or urine samples to detect cannabis...
Continue reading
Science history: Invention of the transistor ushers in the computing era — Oct. 3, 1950
Science & Technology

Science history: Invention of the transistor ushers in the computing era — Oct. 3, 1950

A replica of the first working transistor. The design used two thin pieces of gold, a coiled spring, and a slab of germanium. Transistors have come a long way since then, with some of the smallest measuring just an atom thick.(Image credit: Science & Society Picture Library via Getty Images)Quick factsMilestone: Transistor patented Date: Oct. 3, 1950 Where: Bell Labs; Murray Hill, New Jersey Who: John Bardeen, Walter Brattain and William ShockleyOn Oct. 3, 1950, three scientists at Bell Labs in New Jersey received a U.S. patent for what would become one of the most important inventions of the 20th century — the transistor.The transistor was initially designed because AT&T wanted to improve its telephone network. At the time, AT&T amplified and transmitted phone signals using triodes. These devices encased a positive and negative terminal and a wire...
Continue reading