RIYADH: Saudi stocks slightly regained momentum on Sunday, lifted by a rebound in crude prices at the end of last week. Oil prices rose about 4 percent on Friday after dropping to a seven-month low earlier in the week, supported by threatened cuts to supply. The Kingdom’s main index TASI advanced 0.9 percent to end at 11,940 on Sunday, while Nomu added 1.5 percent to 20,737.
RIYADH: Saudi stocks declined in last week’s final session in line with most Gulf peers, as oil prices continued to fluctuate. The main TASI index finished 0.2 percent lower at 12,621, while the parallel Nomu market edged up 0.2 percent to 21,574. Abu Dhabi, Dubai, Bahrain, and Oman all lost between 0.1 and 1.5 percent, while Qatar and Kuwait bucked the trend to close 0.2
Doha: Further to the signing of a Sale and Purchase Agreement and a Share Swap Agreement in April 2022, and after obtaining relevant approvals from th.
Omani investment company Ominvest said its key unit National Life and General Insurance Company has acquired RSA Middle East, a leading provider of property and casualty insurance in the Middle East with operations in Bahrain, UAE, Oman and Saudi Arabia.