The Week Ahead: Saudi IPO and algorithm rules take effect as Prague sets rates

Two Saudi rule changes take effect at the start of the week, Abu Dhabi Islamic Bank's rights issue moves to its record date and rights trading, Kazakhstan publishes October inflation and the Czech central bank sets rates. Each item links to the document behind it.

• Sunday 1 November, Saudi Arabia. The Capital Market Authority's final provisions on algorithmic trading are due to take effect, according to its consultation notice. The draft caps the ratio of algorithmic orders to executed trades at 20 per security per trading day for Main Market securities outside the exchange's "Very High Liquidity" category.
• Monday 2 November, Saudi Arabia. The authority's provisions to enhance initial public offering practices are due to take effect, its notice says. The draft ties book-building orders to investors' liquidity and ability to pay, and requires the underwriting agreement to be in force before book-building starts.
• Monday 2 November, United Arab Emirates. Record date for Abu Dhabi Islamic Bank's rights issue of up to 106,383,000 shares at AED 16.45. Rights trade on the Abu Dhabi exchange from 4 to 16 November and subscription runs from 10 to 24 November, the bank said.
• Monday 2 November, Kazakhstan. The statistics bureau publishes October inflation, the date it gives on its September release. Annual inflation was 9.3 per cent in September, down from 9.8 per cent in August, with prices up 0.6 per cent in the month.
• Thursday 5 November, Czech Republic. The Czech National Bank's board holds a monetary policy meeting, one of eight in its 2026 schedule. The two-week repo rate has been 3.75 per cent since the board raised it at its 18 June meeting, the same page shows.
• Thursday 5 November, Hungary. The debt management agency auctions a floating-rate government bond and 12-month Treasury bills, according to its issuance plan for October to December, which schedules HUF 1,158.4 billion of bond auctions in the quarter. The plan is updated each month, the agency says.

The following week the Turkish Treasury plans reopening auctions of two-, four- and eight-year fixed-coupon bonds on 9 and 10 November and a direct sale of a five-year lease certificate, according to its borrowing strategy, which calls the November calendar provisional.