July 16th, 2018 | 0 commentsThe Saudi justice minister and chairman of the Supreme Judicial Council, Walid Al-Samaani, has directed his ministry to start receiving requests for the implementation of the unified housing lease in the execution courts as an executive bond through the “unified lease contract,” after linking electronically with the Ministry of Housing. T...
July 16th, 2018 | 0 commentsMobile Telecommunication Company Saudi Arabia (Zain) on Sunday announced turning to loss in the second quarter of 2018, against logging profits in the year-ago period. Zain’s net losses amounted to SAR 38 million in Q2-18, versus a net profit of SAR 8 million in Q2-17, according to a statement to the Saudi Stock Exchange (Tadawul). Quarte...
July 16th, 2018 | 0 commentsThe Saudi Stock Exchange (Tadawul) started Sunday's trading session with a positive performance after its main Tadawul All Share Index (TASI) rose 13.88 points, or 0.17%, to 8,376.3 points, while the secondary market remained unchanged. By 10:55 am KSA time, TASI’s trading volume hit 17.4 million shares exchanged with a turnover of SAR 39...
July 16th, 2018 | 0 commentsThe Saudi Stock Exchange (Tadawul) ended Sunday's trading session on a positive note, after its benchmark Tadawul All Share Index (TASI) jumped 42.68 points, or 0.51%, to 8,405.09 points. TASI’s trading volume reached 108.87 million shares on Sunday, up from 106.46 million on Thursday, while the market's liquidity fell to SAR 2.6 billion...
July 12th, 2018 | 0 commentsThe Egyptian Embassy in Riyadh celebrated their National Day with an invited audience of VIP guests, including a member of the royal family, senior diplomats and business leaders. Prince Mohammed bin Abdulrahman bin Abdul Aziz, acting governor of Riyadh, represented the Saudi government at theNational Day celebrations on Tuesday night at...
July 12th, 2018 | 0 commentsSaudi Minister of Foreign Affairs Adel Al-Jubeir chaired the second session of the eighth ministerial meeting of the China-Arab States Cooperation Forum in Beijing. Al-Jubeir told the meeting in the Chinese capital that the Palestinian cause was a key Arab and Muslim issue that “we have not stopped and will not stop supporting.” He referr...
July 12th, 2018 | 0 commentsSaudi Enaya Cooperative Insurance Company (Enaya) on Wednesday announced obtaining Saudi Arabian Monetary Authority’s (SAMA) approval to raise its capital to SAR 300 million, from SAR 100 million through the issuance of right shares. SAMA’s nod is conditional upon completing other regulatory authorities’ approvals, according to Enaya's st...
July 12th, 2018 | 0 commentsJarir Market Company on Wednesday posted a 10.01% year-on-year increase in its net profits for the second quarter of 2018, bringing the profit growth during the first six months of the year to 3.39%. Net profits amounted to SAR 162.2 million in the period between April to June, compared to SAR 147.8 million in Q2-17, according to a statem...
July 12th, 2018 | 0 commentsThe Saudi Stock Exchange (Tadawul) opened Wednesday's trading session in red territory, after its main Tadawul All Share Index (TASI) fell 20 points, or 0.24%, to 8,398 points, whereas the secondary market remained unchanged. By 10:40 am KSA time, TASI’s trading volume hit 17 million shares exchanged with a turnover of SAR 400.78 million...
July 12th, 2018 | 0 commentsThe Saudi Stock Exchange (Tadawul) closed Wednesday's trading session in red territory, after its benchmark Tadawul All Share Index (TASI) and the parallel market decreased. TASI fell 29.25 points, or 0.35%, to finish at 8,388.66 points. The main index's trading volume reached 114.84 million shares on Wednesday, down from 141.12 million o...
