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RIYADH: Saudi stock markets extended losses as investors worried that the latest central bank efforts to curb inflation would lead to rapid economic slowdowns. The main index, TASI, fell 0.93 percent to reach 11,358, while the parallel market, Nomu, dropped 1.94 percent at 20,672. Fawaz Abdulaziz Alhokair Co. led the decliners since the market opened with a 9.99 percent fall,
RIYADH: Saudi Arabian stocks gained on Wednesday, supported by a rise in oil prices despite ongoing concerns over a potential global recession. The main index TASI advanced 0.5 percent to reach 11,727, while the parallel market, Nomu, added 1.8 percent to 20,728. TASI was lifted by a 0.9 percent rise in oil giant Aramco and a 2.9 percent surge in the Kingdom’s biggest lender
RIYADH: Saudi stocks regained some of its momentum on Tuesday, as commodity prices fell, which eased concerns about inflation. The main index, TASI, gained 2.13 percent to 11,671, while the parallel market, Nomu, added 0.55 percent to 20,358. This was led by a 3.32 percent increase in the Saudi oil giant Aramco and a 3.43 percent leap in one of the Kingdom’s biggest lenders,
JEDDAH: Malaysian and Indonesian Hajj pilgrims arrived in Madinah on Thursday as part of this year’s Makkah Route initiative. They were received at Prince Mohammed bin Abdulaziz International Airport by representatives from the initiative’s sponsoring agencies.
JEDDAH: The Saudi Ministry of Interior has launched its fourth Makkah Route initiative to smooth pilgrims’ Hajj journey and provide a top-quality service. It also aims to ensure that all health requirements are met in the targeted countries before the Kingdom’s entry visa is issued.