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TASI extends gain as global recession fears fizzle out: Opening bell

RIYADH: Saudi Arabiaโ€™s main index rose in early trade on Thursday, extending gains from the previous session as investors brushed off fears of a global recession. The Tadawul All-Share Index grew 1.22 percent to reach 11,306, while the parallel market Nomu started flat at 19,922, as of 10:08 a.m. Saudi time. Saudi oil giant Aramco began with a 1.29 percent gain, while Rabigh
Saudi Arabia Ar Riya United Kingdom Al Khobar Ash Sharqiyah Al Rajhi

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

RIYADH: Saudi stocks ended their first trading session of July in red, extending losses after an 11-percent decline in June due to fears over inflation and recession. TASI, the main benchmark index, fell 0.5 percent to 11,464 on Sunday and the parallel market, Nomu, shed 2.3 percent to 21,082. Omanโ€™s stock exchange declined 0.3 percent in line with Saudi Arabia. However, the
United Kingdom United States Saudi Arabia Kuwait General Ar Riya Abdulwahab Al Butairi

Why do Saudi investors need to explore China's carbon recycling industry?

We agree that nature and humankind are intrinsically interwoven regardless of political, economic or athletic affiliations. But how can we protect this varied biodiversity while devising solutions that inspire enterprises and individuals to adopt this forward-thinking attitude and play a positive part in reducing environmental impact? How can we achieve this while maximizing
Saudi Arabia Fahad Alarjani Saudi Basic Industries Corp Saudi Aramco Carbon Recycling International Investment Initiative

TASI lower with major market players falling: Opening bell

RIYADH: Saudi stocks opened lower in the first trading session of the week as major market players fell. The main index, TASI, declined 1.90 percent to reach 11,600, while the parallel market, Nomu, shed 0.23 percent to 21,454, as of 10:09 a.m. Saudi time. Saudia Dairy and Foodstuff Co. gained 0.73 percent, leading the market gainers; Saudi Industrial Development Co. fell 9.93
Saudi Arabia Ar Riya United States Al Rajhi Saudi Basic Industries Corp Arabian Contracting Services Co

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