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Saudi Energy Park marks key milestones with new tenant deals

King Salman Energy Park (Spark) has announced lease deals with two new tenants and start of construction for existing tenants. This marks a significant milestone for Spark as it drives localisation of products and services within the energy value chain.

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Maadaniyah reports lower net losses in 9M-23, unveils $22 4mln accumulated losses

Maadaniyah reports lower net losses in 9M-23, unveils $22 4mln accumulated losses
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Maadaniyah awards contract for new Saudi valves factory

Saudi-based National Metal Manufacturing and Casting (Maadaniyah) said it has signed up Gulf Triple Contracting for the construction of its new valves factory within King Salman Energy Park (Spark). The work is due for completion in July next year.

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Closing bell: Saudi stocks edge up; Tadawul announces indices maintenance for Q1

RIYADH: The Saudi Stock Exchange updated the free-float shares for all listed issuers on the main market TASI and parallel market Nomu, effective April 2. The companies that will be included in the Tadawul index are Alinma Hospitality REIT Fund and Thimar Development Holding Co. The firms that will be included in the Nomu index are Leen Alkhair Trading Co., Nofoth Food

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Here s what you need to know before Tadawul trading on Sunday

RIYADH: Saudi stocks declined in last week’s final session in line with most Gulf peers, as oil prices continued to fluctuate. The main TASI index finished 0.2 percent lower at 12,621, while the parallel Nomu market edged up 0.2 percent to 21,574. Abu Dhabi, Dubai, Bahrain, and Oman all lost between 0.1 and 1.5 percent, while Qatar and Kuwait bucked the trend to close 0.2

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