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Saudi Re Nine-Month Net Profit Rises 63% to SR194.2 Million as Reinsurance Revenue Jumps 73%

Third-quarter profit rose 6% to SR32.6 million, while gross written reinsurance premiums for the nine months climbed 50% to SR3.93 billion.

Emaar The Economic City’s Third-Quarter Loss Widens 78.5% to SR241 Million as Revenue Falls 59%

Emaar The Economic City's third-quarter net loss widened 78.5% to SR241 million as revenue fell 59% and legal provisions rose.

Saudi Re Nine-Month Net Profit Rises 63% to SR194.2 Million as Reinsurance Revenue Jumps 73%

Third-quarter profit rose 6% to SR32.6 million, while gross written reinsurance premiums for the nine months climbed 50% to SR3.93 billion.

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Saudi Re Nine-Month Net Profit Rises 63% to SR194.2 Million as Reinsurance Revenue Jumps 73%

Third-quarter profit rose 6% to SR32.6 million, while gross written reinsurance premiums for the nine months climbed 50% to SR3.93 billion.

Saudi Chemical Holding Third-Quarter Profit Falls 26% to SR64.6 Million on Lower Sales and Higher Raw Material Costs

Saudi Chemical Holding Co.'s third-quarter net profit fell 26% to SR64.6 million as sales volumes dropped and raw material and shipping costs rose.

Emaar The Economic City’s Third-Quarter Loss Widens 78.5% to SR241 Million as Revenue Falls 59%

Emaar The Economic City's third-quarter net loss widened 78.5% to SR241 million as revenue fell 59% and legal provisions rose.

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Saudi Stocks Jump 3.4% as Gulf Markets Rally on Regional De-escalation Hopes, With Qatar Up 2.75%

Saudi Arabia's benchmark index jumped 3.43% on Monday, leading broad gains across Gulf stock markets, while Qatar's index rose 2.75% and Kuwait's all-share index climbed 1.96%.

Saudi Stocks Close 2.65% Lower at Weakest Level Since March 2021, Extending Losing Streak to Five Sessions

The Tadawul All Share Index fell 257.36 points, or 2.65%, to close at 9,438.52 on Sunday, its lowest close since March 2021, as all sectors declined.

Saudi Index Falls 2.2% as Houthi Attacks Rattle Investors, With 52 Stocks and REITs at Record Lows

Saudi Arabia's main share index fell 2.2% by late morning on Sunday as clashes between Yemen's Houthis and the Saudi-led coalition weighed on Gulf markets.

Saudi Stocks Fall 2.3% to Lowest Close Since April 2021 as Dubai, Abu Dhabi, Qatar and Kuwait Also Decline

Saudi Arabia's benchmark index fell 2.32% to 9,695.86 points on Thursday, its lowest close since April 2021, as Dubai, Abu Dhabi, Qatar and Kuwait also closed lower.

Saudi Index Falls Below 9,800 for First Time Since April 2021 as 34 Stocks Hit Record Lows

Saudi Arabia's main share index fell 1.8% in Thursday trading and dropped below 9,800 points for the first time since April 2021.

Dubai Stocks Rise 0.4% on Bank Gains as Abu Dhabi, Kuwait and Saudi Indexes Fall

Dubai's main share index rose 0.43% on Wednesday, lifted by Emirates NBD and Dubai Islamic Bank, while Abu Dhabi, Kuwait and Saudi Arabia closed lower and Qatar rebounded.

Saudi Stocks Close at Lowest Since April 2021 as Houthi Attack Claims Weigh on Gulf Markets

Saudi Arabia's benchmark index fell 1.7% to 9,952 points on Tuesday, its lowest close since April 2021, as most Gulf stock markets ended lower.

Saudi Capital Market Authority Proposes Holding-by-Holding Disclosure Rules for Investment Funds

Saudi Arabia's Capital Market Authority (CMA) has proposed requiring investment funds to disclose their 10 largest investments and the sources of the distributions they...

Qatar Stocks Fall 2% to Lowest Close Since April 2020 as Saudi Index Gains 0.8%

Qatar's main stock index fell 2% on Sunday to its lowest close since April 2020, while Saudi Arabia's benchmark rose 0.8% on gains in...

NADEC Third-Quarter Profit Falls 73% as Maritime Disruption Lifts Feed and Freight Costs

National Agricultural Development Co. (NADEC), the Saudi dairy and food producer, said net profit fell 73% to SAR30.4 million in the third quarter of...

Saudi Stocks Post 2.6% Weekly Loss as Main Index Closes at 43-Month Low

Saudi Arabia's main share index fell 2.6% over the week to Thursday, October 15, closing at its lowest level in 43 months as 21 of 22 sectors declined.

Saudi Stock Market Falls 1.74% as 252 Companies Decline and Investors Assess Market Performance

Saudi Stock Market trading ended lower on Wednesday, as widespread losses pushed the main index down 1.74%. The Tadawul All Share Index lost 179.31...