RIYADH: After continuing the upward trend for nine consecutive sessions, Saudi Arabia’s Tadawul All Share Index fell on Wednesday – down 27.97 points, or 0.26 percent, to 10,920.63. The parallel market Nomu also edged down by 326.37 points or 1.62 percent to 19,799.26, and the MSCI Tadawul 30 Index dipped by 0.36 percent to close at 1488.37. The total trading turnover of the
RIYADH: Saudi Arabia’s main stock index TASI fell below the 12,000 level for the first time in months last week, tracking a drop in oil prices. TASI closed the week at 11,824, down 1.3 percent for the fifth straight session on Thursday. However, the parallel Nomu market added almost 1 percent to 21,504. Most stock markets in the Gulf retreated in line with the Saudi main
RIYADH: A Saudi shopping mall was on Friday engulfed in smoke after a blaze broke out in the early hours of the morning. Plumes of smoke could be seen billowing from the Mall of Dhahran in Alkhobar the largest commercial market in the Eastern Province as emergency crews battled to contain the fire. Officials said no one was hurt in the blaze, although a number of animals
RIYADH: The Arabian Centers Co, announced the opening of The View center in Riyadh on Sunday, according to a bourse filing. This is the 23rd center in the firm’s commercial centers portfolio, the company said in the statement. Total leasable space in the center is 52,000 sq. meter with over 170 shops. The company will lease, manage, operate and maintain the center. It said the