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Saudi stocks rise as oil prices drop: Opening bell

RIYADH: Saudi stocks saw a second day of gains early on Monday as oil prices eased in the first hour of trading. Brent crude fell 1.08 percent to settle at $109.30 a barrel, and WTI crude fell 1.41 percent to settle at $109.98 a barrel, as of 10:09 a.m. Saudi time. The Saudi main stock index, TASI, increased 0.38 percent to reach 13,199, while the parallel market, Nomu, gained
Saudi Arabia Ar Riya Al Rajhi Bank Petrochemical Co Development Co Alinma Bank

ECA's Economic Report on Africa Addresses Continent's Vulnerability during COVID-19 | The Guardian Nigeria News - Nigeria and World News — APO Press Releases — The Guardian Nigeria News – Nigeria and World News

Download logo The disruptions caused by the COVID-19 pandemic pushed an estimated 55 million Africans into extreme poverty in 2020 and reversed more than two decades of progress in poverty reduction on the continent. This is according to the Economic Report on Africa 2021(ERA2021) launched today on the margins of the Economic Commission for Africa’s annual Conference of […]
Adrian Gauci Hanan Morsy United Nations Economic Commission For Africa Development Co Economic Commission For Africa Economic Affairs

Africa must address its current socioeconomic challenges to achieve sustained poverty reduction: ECA's 2021 Economic Report

Dakar, Senegal, 15 May 2022 (ECA) - The disruptions caused by the COVID-19 pandemic pushed an estimated 55 million Africans into extreme poverty in 2020 and reversed more than two decades of progress in poverty reduction on the continent.This is according to the Economic Report on Africa 2021(ERA2021) launched today on the margins of the Economic Commission for Africa’s annual
Addis Ababa Adrian Gauci Hanan Morsy Development Co Economic Commission For Africa Economic Affairs
Source: uneca.org

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

RIYADH: Saudi Arabia’s main stock market crossed the 13,900-level for the first time in 16 years on Monday but gave up gains later in the day due to lower investor sentiment. TASI, as the main index is known, closed flat at 13,814 points, and the parallel market Nomu dropped 0.3 percent to 23,475 points. Elsewhere in the Gulf, stock exchanges of Abu Dhabi, Dubai, Qatar,
United Arab Emirates Saudi Arabia United States Kuwait General Ar Riya Abu Dhabi

TASI down, Nomu up; gains for insurers and food producer Wafrah: Closing bell

RIYADH: The Saudi main index, also known as TASI, edged lower today, while the parallel market, Nomu, was up. At the closing bell on Tuesday, TASI fell 0.29 percent, while Nomu edged up 0.57 percent. Saudi Enaya Cooperative Insurance Co. rose 9.97 percent to lead the gainers. Among others that ended the session in positive territory, food producer Wafrah for Industry and
Saudi Arabia Ar Riya United States Almarai Co Saudi Enaya Cooperative Insurance Co Development Co

TASI down, Nomu up; gains for insurers and food producer Wafrah

RIYADH: The Saudi main index, also known as TASI, edged lower today, while the parallel market, Nomu, was up. At the closing bell on Tuesday, TASI fell 0.29 percent, while Nomu edged up 0.57 percent. Saudi Enaya Cooperative Insurance Co. rose 9.97 percent to lead the gainers. Among others that ended the session in positive territory, food producer Wafrah for Industry and
Saudi Arabia Ar Riya United States Almarai Co Saudi Enaya Cooperative Insurance Co Development Co

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