Closing bell — Saudi Arabia's main index slips to close at 10,596 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 cement firms in central region may slash prices amid robust competition 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.
RIYADH: Saudi Arabia’s Tadawul All Share Index fell for the third consecutive day on Thursday to end trading at 11,184.57, down 51.70 points or 0.46 percent. While the parallel market Nomu gained 112.84 points to close at 21,079.81, the MSCI Tadawul Index slipped 0.86 percent to 1,492.17. The total trading turnover of the benchmark index was SR5.04 billion ($1.34 billion).
RIYADH: Saudi Arabia’s Tadawul All Share Index dropped for the third consecutive session on Wednesday, losing 145.44 points, or 1.30 percent, to close at 11,073.17. The fall was driven by fears of global economic uncertainties and dipping oil prices. The parallel market Nomu also slipped by 192.44 points to close at 20,670.85, and the MSCI Tadawul Index dropped 1.26 percent to
RIYADH: Saudi Arabia’s antitrust authority has penalized 14 cement companies with a collective fine of SR140 million ($37.32 million) for colluding to raise cement prices in the Kingdom. The General Authority for Competition has imposed an SR10 million fine on each of the producers for manipulating the cement prices to benefit themselves, infringing Article 4 of the