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Al-Diyar Al-Iraqia for Investments Company to acquire 49% stake in Northern Region Cement’s Iraq business

RIYADH: Saudi Arabia’s main stock market closed higher on Wednesday to lead the GCC, as investor sentiment was buoyed by strong earnings results. TASI the main index advanced 1 percent to 13,643, and the parallel market Nomu slipped 0.1 percent to 23,634. Dubai recorded the second-highest gains among GCC members as it added 0.6 percent. Abu Dhabi, Oman, and Kuwait’s bourses

RIYADH: Saudi stocks saw their second straight day of gains on Monday, with TASI reaching 13,064 points for the first time since 2006 as investor fears abated. TASI was up 0.5 percent during the session and the parallel market, Nomu, surged 3.8 percent to 25,135. GCC bourses were topped by Dubai’s DFMGI which gained 2.1 percent, followed by Abu Dhabi, Kuwait, and Saudi Arabia.

RIYADH: Saudi Arabia’s Northern Region Cement shares were up 1.62 percent today despite lower profits. The closing bell saw shares reach SR13.8 (£3.68), compounding gains from SR13.5 the day prior. Northern Region Cement has reported a 1.43 percent decline in profit for 2021, driven by lower sales volume. The cement producer's net profit reached SR106 million, compared to

/PRNewswire/ -- Cement Market Facts at a Glance: Total Pages: 120 Companies: 10+ – Including Al Safwa Ltd., Arabian Cement Co. SAE, Epcco Publishing Group...