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Saudi-listed Arriyadh Development acquires $44m tower in Riyadh

RIYADH: The Saudi-listed developer, Arriyadh Development Co., has acquired a commercial building at SR168 million ($44.7 million) in the north of Riyadh, according to a bourse filing. The deal is part of plans to diversify the company’s real estate and investments portfolio, it said in a statement. The building is located in Al-Malqa district, which is near the strategic ....

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Riyadh Calling!

Having dipped its toes in Saudi soil back in 2018, with its first branch in Al Khobar, Tips & Toes is now taking bigger strides within KSA with a lavish. ....

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TASI, Nomu almost flat in morning trading: Opening bell

10:31 Saudi time: RIYADH: Saudi exchange’s main indexes opened slightly higher on Wednesday. TASI and Nomu were up around 0.2 percent. On its first day trading on the main market, Saudi Tadawul Group’s stock came on top of the index’s gainers, rising 11.43 percent to SR116.8 ($31.14). Shares of Sadr Logistics jumped ten percent for a fourth consecutive day. Wafrah for Industry ....

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