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Saudi Arabia's Flynas in talks with Airbus for placing order

Flynas flies an all-Airbus fleet and recently ordered some A320neo and A321XLR aircraft ....

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Saudi Kingdom Holding's Q1 net profit falls to $46mln

Sales revenue 49% higher this quarter ....

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Closing bell: TASI sheds 0.47%; Nomu rebounds 231 points

RIYADH: Saudi Arabia’s Tadawul All Share Index shed 53.42 points, or 0.47 percent, on Tuesday to close at 11,275.77. The parallel market Nomu, which lost 183.81 points on Monday, rose by 230.64 points to close at 20,834.64 on May 23. The MSCI Tadawul Index dropped 0.73 percent to 1,509.98. The total trading turnover of the benchmark index was SR6.64 billion ($1.77 billion). ....

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Saudi Kingdom Holding invests additional $73mln in American specialty investment firm

The fresh investment takes KHC's stake in Hercules Capital to 6.6% ....

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