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Saudi Arabia's Polymeron wins $1m sustainability award

RIYADH: The Saudi minister for environment, water and agriculture, Abdulrahman Al-Fadhli, announced Polymeron as the winner of a $1 million sustainability award in Riyadh on Sunday. The Omnipreneurship Sustainability Challenge for Inclusive Leadership was organized by the Tanmiah Food Co., with 93 proposals received from across the world. Polymeron won the grand prize for

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Here's what you need to know before Thursday trading on TASI

RIYADH: Saudi stocks recorded gains on Wednesday, with oil prices back on the rise and most global markets ending in the green despite ongoing geopolitical woes. TASI, the main index, extended gains by 0.5 percent to 12,944 points, and the parallel market, Nomu, rose 0.2 percent to 24,478. All fellow GCC bourses were up, but the Omani index bucked the trend as it dropped 0.9

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Saudi stocks down slightly as oil futures rise: Closing bell

RIYADH: Saudi stocks closed lower Monday after investors watched efforts to settle the Russian crisis, which drove up oil prices and shook the global economy. On the oil market, Brent crude futures climbed more than 4.3 percent to $112.38 a barrel. US West Texas Intermediate futures rose 4.4 percent to $109.10 a barrel. The main index, TASI, dropped 0.34 percent to reach

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Finalists of $1m international sustainability award announced in Riyadh

RIYADH: Two Saudi companies have been nominated along with three other finalists for a $1 million sustainability award, out of 93 proposals received worldwide. The five finalists for the 2020 Omnipreneurship Awards sustainability challenge were announced at the MENA Poultry Conference 2022 in Riyadh on Tuesday: Insectum and Polymeron from King Abdullah University of Science

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All you need to know before trading on Tadawul on Monday

RIYADH: Saudi stocks fell sharply on Sunday amid cautious investor sentiment, even as oil prices climbed to record highs. The main index TASI led the losses in the GCC as it dropped 1.95 percent to 12,029, and Saudi parallel market Nomu lost 1.65 percent to reach 24,801. The Qatari index QSI dropped by 1.3 percent, followed by indexes of Oman and Kuwait, down 0.1 and 0.6

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