RIYADH: The Saudi main stock index gained for a second straight day on Tuesday, propelled by positive market cues in response to a new batch of sanctions on Russia. Even as TASI closed 0.32 percent higher at 13,206 points, the parallel market, Nomu, lost almost 1 percent to 24,214. In line with the Saudi index, stock exchanges in Abu Dhabi, Qatar, Bahrain, Oman, and Kuwait all
RIYADH: Saudi-listed Middle East Specialized Cables Co. has appointed Fadhil Fawzan Alsaadi as CEO, following the resignation of Fawaz Al-Muqbil in December. Alsaadi will take charge immediately, having received the board’s approval, according to a bourse filing. With over 20 years of experience in business leadership, Alsaadi is expected to bring his expertise and capability