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Saudi Arabian Amiantit's losses shrink 83%, reveals $107m project award

RIYADH: Saudi Arabian Amiantit Co.’s stock dipped in early trading after it reported its half-year losses shrank by 83 percent on Sunday, bolstered by continued sales growth. Losses during the first half of 2022 went down to SR10 million ($2.7 million), from SR60 million in the same period last year, according to a bourse filing. Almost two hours into Sunday’s trading session, ....

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Here's what you need to know before Tadawul trading on Sunday

RIYADH: Saudi stocks declined in last week’s final session in line with most Gulf peers, as oil prices continued to fluctuate. The main TASI index finished 0.2 percent lower at 12,621, while the parallel Nomu market edged up 0.2 percent to 21,574. Abu Dhabi, Dubai, Bahrain, and Oman all lost between 0.1 and 1.5 percent, while Qatar and Kuwait bucked the trend to close 0.2 ....

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