Abo Moati News Today

RIYADH: Saudi Arabia’s stock market dropped on Tuesday to lead the fall in the Gulf, despite an above estimated 9.9 percent growth in the gross domestic product in the first quarter, according to official data. On a different note, credit rating agency Moody’s affirmed the Kingdom's rating at ‘A’ with a stable outlook, primarily driven by the government’s fiscal policy

Page Not Found | ZAWYA MENA Edition

The Tadawul All Share Index, TASI, was down by 0.4 percent to 11,368.18 points in early trading today. Here’s a wrap of market movements as of 10:30 a.m. Riyadh time: Dr. Sulaiman Al Habib Medical Services Group signed a lease contract for a land investment in Madinah, for a period of 50 years, amounting to SR30 billion ($8m) on Nov. 24. Etihad Etisalat Co.’s ( Mobily) board

Here are a few things you need to know as Saudi stocks start trading on Sunday. 1) Al-Babtain Power and Telecommunication Co.’s board of directors recommended a 10% cash dividend for the fiscal year 2020, at SAR 1 per share, amounting to SAR 42.63 million. 2) Raydan Food Co. submitted its request to increase capital through rights issue to the Capital Market Authority (CMA) on Dec. 30, 2020. 3) Bank Aljazira shareholders authorized the board of directors to distribute interim dividends, qua...

It looks like this was the result of either: A mistyped address A broken link on our site A broken link on a search engine results page A broken link on someone elses page Some things to try: Use the navigation menu at the top Most Read

Total turnover reached SR8.5 billion ($2.27 billion), the lowest in two months. Advance-decline ratio stood at 61-126. Banking major Al Rajhi shed 0.7 percent to SR74.20, while blue chip SABIC slipped 0.8 percent to SR101.20. Jabal Omar, Abo Moati, Dur and Yansab were down between 1 percent and 3 percent.  Amiantit was the top decliner, falling 3.3 percent to SR23.60. On the other hand, oil giant Saudi Aramco closed 0.1 percent higher at SR35.10. Saudi Electricity rose 0.6 percent to SR21.04, ...

Average MENA debt to GDP rose 9 points since 2019 to 55% in 2021 Countries with low external debt can still borrow cheaply Updated 02 April 2021 April 02, 2021 14:00 WASHINGTON, D.C.: The outlook for the Middle East and North Africa has worsened considerably over the past year as countries accumulated debt to pay for pandemic relief measures, leaving them with less to invest in post-pandemic economic recovery, according to the World Bank. Average debt to GDP in the MENA region rose by 9 percen...