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RIYADH: Saudi Arabia’s main stock index TASI fell below the 12,000 level for the first time in months on Wednesday, as investor fears shifted to a possible global recession. TASI dropped 0.35 percent to close at 11,978, and the parallel market Nomu shed almost 1 percent to 21,301. Stock exchanges of Qatar, Egypt, and Oman retreated in line with Saudi Arabia. However, Dubai’s
RIYADH: Saudi-listed Riyadh Cement Co. has announced its board of directors' decision to appoint Salah Al-Rashed as board chairman. The cement producer’s board has also appointed Khaled Al-Mulhem as vice chairman, the company said in a bourse filing. Riyadh Cement produces building materials for commercial and architectural use, including exterior and interior walls, ceilings,
Monday, 15 March, 2021 - 07:45
The signing of the partnership agreement in Madinah (Asharq Al-Awsat) Madinah - Asharq Al-Awsat
Madinah Gov. Prince Faisal bin Salman, chairman of the Madac Academy board of trustees, signed on Wednesday a partnership agreement between the academy and the Arab National Bank (ANB).
Under the agreement, the bank will establish a smart laboratory at the academy equipped with the latest technical equipment, such as robots, artificial intelligence and augmented reality, to provide qualitative education to more than 1,000 students per year.
The agreement was signed between Prince Faisal and ANB’s Chairman, Salah Al-Rashed, in the presence of the bank’s CEO, Obeid Al-Rasheed, and Abdulrahman Alawi, the academy’s director.