Page 2 - Abo Moati News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Total turnover reached SR8.5 billion ($2.27 billion), the lowest in two months. Advance-decline ratio stood at 61-126. Banking major Al Rajhi shed 0.7 percent to SR74.20, while blue chip SABIC slipped 0.8 percent to SR101.20. Jabal Omar, Abo Moati, Dur and Yansab were down between 1 percent and 3 percent.  Amiantit was the top decliner, falling 3.3 percent to SR23.60. On the other hand, oil giant Saudi Aramco closed 0.1 percent higher at SR35.10. Saudi Electricity rose 0.6 percent to SR21.04, after shareholders approved the plan for the SR3.35 billion dividend owed to the Saudi Arabian Oil C...

Average MENA debt to GDP rose 9 points since 2019 to 55% in 2021 Countries with low external debt can still borrow cheaply Updated 02 April 2021 April 02, 2021 14:00 WASHINGTON, D.C.: The outlook for the Middle East and North Africa has worsened considerably over the past year as countries accumulated debt to pay for pandemic relief measures, leaving them with less to invest in post-pandemic economic recovery, according to the World Bank. Average debt to GDP in the MENA region rose by 9 percentage points since the end of 2019 to 55 percent in 2021, the World Bank said in a report Living with...