RIYADH: Saudi Arabia’s Tadawul All Share Index slipped 24.18 points, or 0.22 percent, to close at 11,206.02 on Tuesday as 111 of the 224 stocks rose, while 95 declined. Stocks listed on the Pharma, Biotech, & Life Science index soared the most, with a 9.28 percent climb, while the stocks of the Energy and the Telecommunication sectors fell 1.96 and 1 percent, respectively.
RIYADH: In a bid to boost electric vehicles in Saudi Arabia, the Kingdom’s transport sector witnessed the signing of three agreements by automobile companies to provide EVs to car rental companies. The Public Transport Authority sponsored all three signings with the aim to increase clean energy in vehicles, reduce carbon emissions, and promote environmental protection. The
RIYADH: Saudi Arabia’s Tadawul All Share Index fell 79.36 points or 0.76 percent to close at 10,383.82 on Sunday. MSCI Tadawul 30 Index and the parallel market Nomu closed slightly lower at 1,409.41 and 18,965.30, respectively. The total trading turnover of the benchmark index was SR3.42 billion ($910 million) as 75 stocks of the listed 224 advanced and 132 retreated.
Most stock markets in the Middle East ended lower on Sunday, with the Egyptian bourse leading the declines, in response to Friday’s fall in global shares over fears of contagion following the collapse of Silicon Valley Bank. The startup-focused lender became the largest bank to fail since the 2008 financial crisis on Friday, roiling global markets and leaving billions of
The ground was broken for the Mississippi Landing Trailhead Park project in Brainerd in June. The planned greenspace with trails and pathways, a community amphitheater and an outdoor classroom with steps down along East River Road was previously a Tourist Park attracting thousands.