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Saudi stocks get a boost as oil prices rise: Closing bell

RIYADH: Saudi stocks ended the week’s final trading session on a high note as crude oil prices hold strong above $100 a barrel. The Tadawul All Share Index climbed 1.19 percent to finish at 12,591, while the parallel Nomu market settled flat at 21,631. Oil prices continued to skyrocket this week with Brent increasing to $101.83 a barrel, while US West Texas Intermediate ....

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TASI continues to rebound tracking oil prices recovery: Opening bell

RIYADH: Saudi stocks started the final session of the week higher on Thursday, tracking the recovery in oil prices which have passed $100 a barrel. The main index, TASI, began 0.42 percent higher at 12,496, while the parallel Nomu market opened flat at 21,621, as of 10:08 a.m. Saudi time. In energy trading, Brent crude increased to $101.44 a barrel, while US West Texas ....

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Russia opens trading to some foreign investors

The resumption won’t extend to clients from unfriendly countries. ....

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Saudi billionaire made $500m Russia bet near war's onset

Prince Alwaleed’s investment firm, Kingdom Holding Co., acquired depositary receipts issued by Gazprom PSJC, Lukoil PJSC and Rosneft PJSC in February. ....

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S. Arabia's Kingdom Holding Co invested over $500m into Russia energy firms amid Ukraine invasion

Saudi Arabia s investment firm, Kingdom Holding Co, invested over $500 million into three major Russian energy companies as Russia launched its invasion of Ukraine, the firm s filings have shown. . ....

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