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

RIYADH: The Saudi main index ticked up on Thursday, but September still marked a dismal month for the stock exchange, marked by persistent inflation, unstable gas prices, and aggressive Fed hikes. The Tadawul All Share Index ended September dropping 7 percent over the course of the month to reach 12,283 at the closing bell of Thursday’s session. This is despite closing the
United Arab Emirates Ash Sharqiyah Saudi Arabia Ar Riya Abu Dhabi Retal Urban Development Co

TASI starts the week higher as traders watch the market: Opening bell

RIYADH: The Saudi main index ticked up on Thursday, but September still marked a dismal month for the stock exchange, marked by persistent inflation, unstable gas prices, and aggressive Fed hikes. The Tadawul All Share Index ended September dropping 7 percent over the course of the month to reach 12,283 at the closing bell of Thursday’s session. This is despite closing the
United Arab Emirates Ash Sharqiyah Saudi Arabia Ar Riya Abu Dhabi Retal Urban Development Co

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Who's Who: Ali Saleh Al-Sagri, CCO of Safari Co.

Ali Saleh Al-Sagri has been chief commercial officer of Safari Co. since 2008. Safari Group is a leader in the field of facility management, construction, trading and investment, and has been running since 1984. The group owns more than 10 businesses with over 10,000 people working under its wing. Al-Sagri received a bachelor’s degree in computer science from Marymount
Saudi Arabia United States United Arab Emirates Marymount University City Of United Kingdom

TASI gains momentum as economic fears subside: Closing bell

RIYADH: Saudi Arabia’s main index ended higher for a second session following a sharp drop earlier in the week sparked by economic concerns. The Tadawul All-Share Index rose 1.39 percent to reach 11,120 at the end of Wednesday, while the parallel market Nomu rose 1 percent to 19,916. Saudi oil giant Aramco ended with a 1.31 percent gain, while Rabigh Refining and Petrochemical
Saudi Arabia Ar Riya United Kingdom Al Rajhi National Gas Naqi Water Co

TASI up, Nomu flat; Anaam Holding leads gainers: Closing bell

RIYADH: The Tadawul All Share Index, known as Tadawul, gained 0.99 percent to reach 11,017 at the end of Tuesday’s trading, while the parallel market Nomu ended almost flat at 19,718. Anaam International Holding Group rose 10 percent to lead the gainers. Among the other gainers, Al-Baha Investment and Development Co. was up 9.94 percent. Alamar Foods Co. led the fallers, as it
Saudi Arabia Ar Riya United States Almarai Co Al Rajhi Bank Development Co

Jazan Energy appoints new CEO after Bedor Al-Rashoudi steps down

RIYADH: Jazan Energy and Development Co. said its board approved the appointment of Mohammed Al-Resheid as CEO, beginning Nov. 1 of this year. This came after announcing the resignation of its CEO Bedor Nasser Al-Rashoudi due to “her personal reasons,” with her continuation as a board member, according to a bourse filing. Al-Resheid, the upcoming CEO, has held several critical
Ar Riya Saudi Arabia Bedor Nasser Al Rashoudi Mohammed Al Resheid Jazan Energy Development Co

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