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May 3, 2023
RIYADH: Saudi Arabia’s Tadawul All Share Index dropped for the third consecutive session on Wednesday, losing 145.44 points, or 1.30 percent, to close at 11,073.17. The fall was driven by fears of global economic uncertainties and dipping oil prices. The parallel market Nomu also slipped by 192.44 points to close at 20,670.85, and the MSCI Tadawul Index dropped 1.26 percent to
March 16, 2023
RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Thursday and lost 71.85 points – 0.71 percent – to close at 9,976.65, driven by sharply lower oil prices amid fragile market sentiment over fears of a deepening crisis for banks worldwide. While MSCI Tadawul 30 Index dropped 0.68 percent to 1,347.20, the parallel market Nomu rose 0.91 percent to 19,011.72. The total
December 4, 2022
Al-Saif Stores for Development & Investment Company (Alsaif Gallery), a leading Saudi retailer, has set the final offer price of its IPO at SR115 ($30.6) per share with a coverage ratio amounting to 1,550%.