Page 31 - Development Co News Today

RIYADH: Saudi stocks surged for a second consecutive day on Monday as investors’ sentiment improved on the back of solid earnings, despite growing Ukraine-Russia conflicts. At the closing bell, the main index TASI, rose 1.4 percent to 12,590, closing the month 2.6 percent higher. The parallel market, Nomu, gained 0.28 percent to 25,022. Saudi Arabia’s Scientific & Medical

RIYADH: Makkah Construction and Development Co. turned into profit by the end of 2021, recording SR4 million ($1.1 million). The Company swung to profit from a net loss of SR59 million during the same period in 2020, according to Tadwaul. Results were attributed to an increase of 30 percent in revenue. Despite the gains, the developer said it would not distribute cash

RIYADH: Saudi stocks ended Sunday on a high note, as oil prices dropped and earnings were strong, despite Russia’s ongoing invasion of Ukraine. At the closing bell, the main index, TASI, rose 0.98 percent to 12,418 points. The parallel market, Nomu, gained 0.04 percent to 24,952 points Brent crude reached $97.93 a barrel, while US benchmark WTI stood at $91.59 a barrel Amara

A growing number of Chinese firms with business in Ukraine or Russia say the impact from the region's crisis is limited for now, as some sought to reassure investors, with the scale of Chinese investment in the region limited and dominated by state firms. US President Joe Biden hit Moscow with a wave of sanctions on Thursday after Russia invaded Ukraine, measures that impede

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RIYADH: Saudi stocks ended the week lower amid rising oil prices after Russian forces entered Ukraine. At the closing bell, the main index, TASI, and the parallel market, Nomu, both lost 1.84 percent to 12,297 and 24,942 points, respectively. As of Thursday, 3:22 p.m. Saudi time, Brent crude surpassed $105 for the first time since 2014. US benchmark WTI climbed to $99.30. The

RIYADH: Share prices fell in the final minutes of Wednesday's trading, when cautious investor sentiment took its toll on the market. As of the closing bell, the main index, TASI, was down 0.27 percent at 12,528 points. While the parallel market, Nomu, rose 1.58 percent to 25,409 points. In the financial sector, the Kingdom’s largest valued bank, Al Rajhi Bank, lost 3.28

When will meetings on the future of the Redding Civic Auditorium and Rodeo grounds restart?

Mixed-use, four-story, 295-unit complex would be built next to Sprinter Station

Deal to buyout Simon Property Groups share in downtown mall closed in late December.