RIYADH: The Saudi main index ended October on a positive note after losing ground in the previous two months, as investors’ sentiment improved with the start of the earnings season. The Tadawul All Share Index ended the month gaining 2.3 percent from September’s level, to reach 11,667 at the closing bell of Monday's session. The index also ended in the green in the last
RIYADH: Saudi Arabian Mining Co. has obtained an accreditation certificate to export blue ammonia, its CEO said in an interview. This will allow it to supply 14 percent of the total blue ammonia market globally, Robert Wilt told Al Arabiya on Oct. 28, on the sidelines of the Future Investment Initiative held in Riyadh. Wilt also pointed out that the company signed an agreement
RIYADH: Saudi Arabian Mining Co., known as Ma’aden’, saw its shares price hitting its highest level since the company went public on the back of its plans to expand production capacity. Ma’aden’s share price, which opened at SR39.25 ($10.5) in 2022, climbed to SR80 on Oct. 24, surging 104 percent. In March, the state-owned firm announced plans to increase production capacity
RIYADH: The Saudi main index ticked up on Thursday, but September still marked a dismal month for the stock exchange, marked by persistent inflation, unstable gas prices, and aggressive Fed hikes. The Tadawul All Share Index ended September dropping 7 percent over the course of the month to reach 12,283 at the closing bell of Thursday’s session. This is despite closing the