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Emaar, the Economic City, the developer of King Abdullah Economic City in Jeddah, has appointed Abdulaziz Ibrahim Alnowaiser as its new CEO effective May 1. An industry veteran, he has extensive background in turnaround, finance and corporate governance.
RIYADH: Saudi Arabia’s Tadawul All Share Index continued its upward trend for the second consecutive day, as reigning oil prices raised investor confidence. On Monday, the benchmark index gained 71.63 points or 0.64 percent to close at 11,293.59. The total trading turnover of the benchmark index was SR6.38 billion ($1.70 billion) as 125 listed stocks advanced, while 75
RIYADH: Saudi Arabia’s Tadawul All Share Index reversed losses on Wednesday, as it went up by 86.34 points or 0.80 percent to 10,935.39. The parallel market Nomu also edged up by 123.04 points or 0.61 percent to 20,235.61, while the MSCI Tadawul 30 Index rose by 0.78 percent to 1,483.72. The total trading turnover of the benchmark index was SR4.68 billion ($1.25 billion).
RIYADH: After continuing the upward trend for nine consecutive sessions, Saudi Arabia’s Tadawul All Share Index fell on Wednesday – down 27.97 points, or 0.26 percent, to 10,920.63. The parallel market Nomu also edged down by 326.37 points or 1.62 percent to 19,799.26, and the MSCI Tadawul 30 Index dipped by 0.36 percent to close at 1488.37. The total trading turnover of the
RIYADH: Saudi Arabia’s Tadawul All Share Index continued its upward movement for the seventh day in a row on Sunday, as it inched up 46.52 points or 0.44 percent to 10,636.62, led by elevated investors’ confidence. On Sunday, parallel market Nomu also advanced 95.16 points or 0.48 percent to close at 19,987.19, while the MSCI Tadawul 30 Index rose 0.46 percent to 1,442.14. The