RIYADH: The insurance sector in Saudi Arabia witnessed a 26.9 percent growth in 2022 compared to a rise of 8.4 percent in 2021, reflecting the Kingdom’s efforts toward developing the sector. The total written premium in 2022 stood at SR53 billion ($14.1 billion), up from SR42 billion the year prior, according to the 16th annual report on the insurance market released by the
RIYADH: Saudi Arabia’s stock market concluded six straight sessions in positive territory as optimistic market sentiment overshadowed growing omicron worries. In the latest session, the main index TASI edged up to 12,110 points after reaching over 12,200 early in the morning, and the parallel Nomu market closed marginally higher at 26,288 points. The Gulf was led by the Qatari
RIYADH: The main Saudi stock exchange started the day in positive territory for the fourth consecutive day as investors were buoyed by rising stock prices. As of 10:22 a.m. Saudi time, TASI, the main index, edged up by 0.1 percent to 11,859 points, while the parallel market Nomu opened 0.5 percent lower at 26,022. Saudi Research and Media Group, or SRMG, led the gainers, up
RIYADH: Saudi stocks sustained minor gains, with the main index TASI rising 0.81 percent to 11,261 points at closing bell, having fluctuated between gains and losses during trading today. The parallel market Nomu dropped 0.81 percent to 27,156 points. Arabian Centres Co., also known as Almrakez, was the session’s biggest gainer, up over 9 percent to SR24 ($6.39). Among the