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Closing bell: Saudi Arabia s main index inches up to close at 11,405

Closing bell: Saudi Arabia s main index inches up to close at 11,405
arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.

SAMA licenses fintech company Loan to provide consumer microfinance solutions

SAMA licenses fintech company Loan to provide consumer microfinance solutions
arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.

Saudi Cenomi Retail plans to divest 26 brands to focus on key offerings

RIYADH: Saudi franchise retailer Cenomi Retail plans to divest 26 non-strategic brands as part of the strategy to rationalize its brand portfolio, the company said in a Tadawul filing. Formally known as Fawaz Abdulaziz Alhokair & Co., the Riyadh-based firm said it wants to focus on “Champion Brands” occupying the number one or two positions in their sectors. In the first phase

TASI loses some ground on dropping oil prices: Closing bell

RIYADH: Saudi Arabia's main index ended on a negative note on Monday, as Brent crude oil fell by $1 to $94.99 a barrel. The Tadawul All Share Index was down 0.44 percent to close below 11,197 level, whereas the parallel market Nomu saw a 0.11 percent decrease to reach 19,002. Raydan Food Co. climbed 9.89 percent as it was among the top gainers. Moreover, earlier in the

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