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RIYADH: Saudi Arabia’s Tadawul All Share Index gained 99.6 points, or 0.88 percent, to finish at 11,392.78 on Thursday, as 155 of the 224 stocks closed in the green and 54 in the red. While the parallel market Nomu edged up 0.53 percent to close at 21,263.79, the MSCI Tadawul Index dropped slightly by 0.03 percent to close at 1,520.50. The total trading turnover of the
RIYADH: Saudi Arabia’s General Authority for Competition approved 13 acquisition and merger requests during the month of February, according to a statement. The figure reflects a drop from the 20 given the green light by the organization in January. Last month, applications for acquisitions, joint ventures and mergers represented 75 percent, 20 percent and 5 percent,