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2023 in data: the trends that shaped the oil and gas sector

Tadawul posts losses but Saudi markets remain fundamentally strong

'A bit of a correction' sheds some prior gains on the Saudi stock index, but professionals see reasons to keep investing in the kingdom.

Closing bell: TASI topples for the third consecutive session; sheds 116 points

RIYADH: Saudi Arabia’s Tadawul All Share Index lost 116.43 points or 1.13 percent to close at 10,153.30 on Thursday, extending Tuesday’s 101 points and Monday’s 122 points topple, after the bourse was closed on Wednesday. While MSCI Tadawul 30 Index fell 1.23 percent to 1,383.84, the parallel market Nomu ascended 0.58 percent to 19,128.36. TASI’s total trading turnover was

Saudi Kayan turns to losses of $121m as feedstock costs weigh on earnings

RIYADH: Saudi Kayan Petrochemical Co. turned to losses of SR812 million ($216 million) in the third quarter of 2022, against profits of SR667 million during the same period last year, making it the company's largest loss since listing on Oct. 1, 2011. The petrochemical firm also recorded losses of SR453 million in the first nine months of 2022 on the back of higher feedstock

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