RIYADH: Saudi Arabia’s main stock market ended the previous month 4.9 percent higher, backed by strong quarterly earnings. TASI the main index closed at 13,733 points, while the parallel market Nomu reached 23,909 points on Apr. 28 before the market stopped trading for the one-week Eid al-Fitr break. Meanwhile, global markets witnessed a steep decline last week, following a
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In the past two years, the COVID-19 pandemic devastated the U.S. with a death toll of about 1 million, leaving behind mothers, fathers, children and friends. Despite the rapid approval
RIYADH: Saudi Arabia’s main stock index extended gains for a third consecutive day on Wednesday, with stocks in the oil-rich nation tracking a rally in oil prices. Expectations of a new round of sanctions on Russia propelled supply chain concerns and, in turn, sent oil prices higher. Brent crude oil reached $102.86 per barrel on Thursday while US benchmark WTI hit $97.76 per