Arriyadh Development News Today : Breaking News, Live Updates & Top Stories | Vimarsana

On a quarterly basis, the Q1-23 net profits plummeted by 16.06%

Revenues increased by 3.19%

RIYADH: Saudi Arabia’s Tadawul All Share Index increased 141.62 points on Tuesday – or 1.39 percent – to close at 10,359.74, from 10,218.12, thanks to oil price rise, extending a recovery. MSCI Tadawul 30 Index also increased 1.64 percent to 1,410.74, and the parallel market, Nomu, edged down by 0.21 percent closing at 18,928.89. TASI’s total trading turnover of the benchmark

RIYADH: Saudi-based developer Arriyadh Development Co. has seen a 20 percent decline in its profits during the first nine months of 2022, compared to the same period last year. The firm has reported SR261.7 million ($69.6 million) in profits during the period, compared to SR325 million in the corresponding period the year earlier, according to a bourse filing. Despite the

Saudi-based Arriyadh Development Company said it has reached an agreement with Burj Al Balad Company to acquire a 12-storeyed office building with a total net leasable area of 10,500 sq m on King Fahad Road in Riyadh for SR168 million ($45 million).