Page 21 - Development Co News Today

RIYADH: Saudi Arabia’s main index continued to fall as investors awaited domestic inflation data and the Federal Reserve’s interest rate announcement. The Tadawul All Share Index declined 0.22 percent to start Monday at 11,572, while the parallel market Nomu was down 0.1 percent at 20,565, as of 10:07 a.m. Saudi time. Saudi oil giant Aramco added 0.14 percent decline, while

RIYADH: Saudi Arabia’s main index declined on par with major Gulf markets in the first session of the week, amid cautious investor sentiment ahead of domestic inflation data and the Federal Reserve’s interest rate announcement. The Tadawul All Share Index shed 2.18 percent to end Sunday at 11,572, while the parallel market Nomu slipped 1.62 percent at 20,585. Qatar index was

RIYADH: Saudi Arabia’s main index continued to fall during a week plagued by inflation worries, looming interest rate hikes, and economic warning signs. The Tadawul All Share Index declined 1.09 percent to end Monday at 11,446, while the parallel market Nomu tumbled 1.73 percent at 20,230. Saudi oil giant Aramco shed 0.69 percent, while the Saudi National Bank, the Kingdom’s

RIYADH: Saudi Arabia’s main index has continued to rise during Tuesday’s trade on the back of recovering oil prices. TASI opened the session 0.12 percent higher at 12,037, while the parallel market Nomu began flat at 20,903, as of 10:06 a.m. Saudi time. Saudi Aramco, the Saudi National Bank, and Saudi British Bank shares started flat at SR37.25 ($10), SR68, and SR40,

Thai Medical Glove Co (TMG), a manufacturer of rubber gloves for medical personnel, is forming a joint venture to develop a US$500 million duty-free business in Laos to serve foreign tourists.

/PRNewswire/ -- The global tire building machinery market is driven by factors such as the increasing demand for replaced tires globally. Tires are some of the...

RIYADH: Saudi stocks finished flat on Monday after declining a day earlier, as investor sentiment was dragged down by a weakening global economic outlook. TASI, the main benchmark index, ended the session at 12,560, while the parallel market Nomu added 0.3 percent to 21,724. Gulf markets were mixed on Monday, with the Qatari index slipping 1.2 percent, Abu Dhabi and Dubai down

RIYADH: Saudi Arabia’s benchmark index started in red on Tuesday, with oil price uncertainty continuing to plague investors. TASI declined 0.16 percent at 12,540, while the parallel Nomu started flat at 21,717, as of 10:06 a.m. Saudi time. In the energy market, Brent crude traded at $96.99 a barrel, while US West Texas Intermediate traded at $90.23 a barrel, as of 10:00 a.m.

RIYADH: Saudi Arabia’s Jazan Energy and Development Co. has seen its profit soar 187 percent in the first half of 2022, buoyed by a rise in sales, a bourse filing showed. With interests that span aquaculture, agriculture, and real estate, the company almost tripled its profit to SR28 million ($7.5 million) from SR9.9 million in the same period last year. The Jazan-based firm,

RIYADH: Saudi stocks jumped on Wednesday, thanks to strong first-half earnings despite mixed results from the insurance and cement sectors. TASI the main index added 0.8 percent to 12,646, while the parallel Nomu market lost 2.3 percent to 21,533, as information technology consulting firm Saudi Networkers Services Co. made a weak stock market debut. Gulf peers advanced in line