Stay updated with breaking news from Helm Co. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
RIYADH: Saudi digital security firm Elm Co. has received a contract worth SR206 million ($55 million) from the Ministry of Interior. Under the contract, Elm will install security equipment for vehicles and field inspection gates, the company said in a bourse filing. The Public Investment Fund-owned company said it will announce any further developments in this regard after all
Al Borg Diagnostics has picked EFG-Hermes Holding Co. and GIB Capital to work on a planned initial public offering in Saudi Arabia, according to people
RIYADH: Saudi stocks extended their gains on Thursday as investor optimism increased following a strong earnings season. The main index, TASI, gained 0.53 percent to reach 12,656, while the parallel market, Nomu, started flat at 22,020, as of 10:08 a.m. Saudi time. Buruj Cooperative Insurance Co. gained 2.39 percent, leading the market gainers; Wataniya Insurance Co. fell 4.23
RIYADH: Saudi Arabia’s main index reversed some of its gains to close lower on the last trading day of the week, as investor concerns shifted over a recession. As of Thursday’s closing bell, TASI, fell 0.47 percent to reach 12,530, while the parallel market, Nomu, gained 1.14 percent at 22,272. Alhokair Group was up 10 percent, leading the market gainers; Wataniya Insurance
RIYADH: Saudi stocks opened lower — reversing two days of gains — in the opening session of Tuesday, amid confusion over the direction of energy prices and a string of negative earnings reports. The Saudi main stock index, TASI, was down 0.71 percent at 13,716, while the parallel market, Nomu, dropped 0.15 percent to 23,440, as of 10:08 a.m. Saudi time. Oil prices continued to