RIYADH: Saudi Arabia’s main index extended its losses in its last trading session of the week following further declines in oil prices. The Tadawul All Share Index declined 1.71 percent to end at 11,211 while the parallel market Nomu dropped 1.67 percent to finish at 18,908. Saudi oil giant Aramco ended the session 0.29 percent lower, a week after announcing that its profit
RIYADH: Saudi stocks finished flat on Monday after declining a day earlier, as investor sentiment was dragged down by a weakening global economic outlook. TASI, the main benchmark index, ended the session at 12,560, while the parallel market Nomu added 0.3 percent to 21,724. Gulf markets were mixed on Monday, with the Qatari index slipping 1.2 percent, Abu Dhabi and Dubai down
RIYADH: Saudi stocks settled flat on Tuesday, as news over potential global inflation spurred investor worries, while the market continued to see positive earnings reports. The main index, TASI, ended the session flat at 12,545, while the parallel market Nomu edged 0.34 percent lower to finish at 22,034. Stock market gains across the whole region were subdued, amid volatile
RIYADH: Saudi Arabia's main benchmark index ended lower for a second consecutive day on Wednesday, tracking a drop in oil prices. TASI slipped 0.2 percent to 12,291 while the parallel market, Nomu, added 1 percent to 21,758. Dubai, Abu Dhabi, and Bahrain declined in line with Saudi Arabia, losing between 0.2 and 0.5 percent. The Kuwaiti bourse ended flat, while stock exchanges
Dr. Rumaih Al-Rumaih was recently appointed as deputy minister of transport and logistic services. In a royal decree, Al-Rumaih was also assigned as president of the Public Transport Authority, which oversees land, railway and maritime transport in Saudi Arabia, facilitating investment consistent with the Kingdom’s development strategies and the Vision 2030 reform plans.