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Closing bell: TASI ends 42 points higher to close at 10,724

RIYADH: Saudi Arabia’s Tadawul All Share Index on Sunday gained 42.61 points or 0.40 percent to close at 10,724.62. While MSCI Tadawul 30 Index edged up 4.61 points to close at 1,486.51, the parallel market Nomu slumped 243.64 points to 19,213.17. TASI’s total trading turnover of the benchmark index on Sunday was recorded at SR3.09 billion ($820 million), with 140 stocks ....

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SEC eyes exploring full potential of data analytics and AI in electricity generation and supply

RIYADH: The Saudi Electric Co., is planning to explore the full potential of artificial intelligence and data to effectively maximize electricity generation and supply in the Kingdom, according to a top official. While speaking at the 2nd Global AI Summit in Riyadh on Sept.14, Khaled Salem Al-Ghamdi, senior vice president for IT and digital transformation at SEC, said that ....

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