Pipes Integrated News Today

RIYADH: Saudi Arabia’s Tadawul All Share Index fell 46.52 points to close at 11,138.05 on Sunday, exercising caution ahead of the US debt ceiling decision that has gripped global markets. While the parallel market Nomu slipped slightly to 21,0553.54, the MSCI Tadawul Index closed flat at 1,483.75. The total trading turnover of the benchmark index was SR4.66 billion ($1.24

RIYADH: Saudi Arabia’s Tadawul All Share Index shed 53.42 points, or 0.47 percent, on Tuesday to close at 11,275.77. The parallel market Nomu, which lost 183.81 points on Monday, rose by 230.64 points to close at 20,834.64 on May 23. The MSCI Tadawul Index dropped 0.73 percent to 1,509.98. The total trading turnover of the benchmark index was SR6.64 billion ($1.77 billion).

RIYADH: In a bid to secure a substantial supply of steel pipes, Saudi oil giant Aramco has signed three contracts estimated at around $493 million with the Kingdom’s leading steel pipe manufacturers. East Pipes Integrated Co. has been awarded a contract to manufacture and supply steel pipes to the oil company, following a deal worth SR1.8 billion ($479.9 million), according to

RIYADH: Saudi Arabia’s Tadawul All Share Index shed 12.63 points or 0.11 percent on Monday to close at 11,329.19, following the flat line it spurred on Sunday. While the parallel market Nomu lost 183.81 points to 20,604, the MSCI Tadawul Index dropped slightly by 0.36 percent to 1,521.05. The total trading turnover of the benchmark index was SR6.78 billion ($1.81 billion).

RIYADH: In a bid to secure a substantial supply of steel pipes, Saudi oil giant Aramco has signed three contracts estimated at around $493 million with the…

Saudi-based East Pipes Integrated Company for Industry has announced that it has secured multiple contracts worth SR373 million ($99.3 million) from Neom, the developer of Saudi futuristic city, for supply of steel pipes for water transmission lines.

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: The Saudi stock market started Tuesday’s session higher, spurred by a drop in commodity prices, helping ease concerns about accelerating inflation. Saudi Arabia’s main index TASI edged up 0.3 percent at 12,136, while the parallel market Nomu traded flat at 21,282, as of 10:01 a.m. Saudi time. The Saudi National Bank, the country’s biggest lender, saw its share price