Luxury hotel brand JW Marriott makes Saudi debut with Riyad Capital   

Luxury hotel brand JW Marriott makes Saudi debut with Riyad Capital   
Luxury hotel brand JW Marriott makes Saudi debut with Riyad Capital   

Thank you for reading the news about Luxury hotel brand JW Marriott makes Saudi debut with Riyad Capital    and now with the details

Jeddah - Yasmine El Tohamy - RIYADH: Saudi stocks opened Wednesday's session in red as investors awaited possible stabilization of oil prices.

The main index, TASI, fell 0.19 percent to 11,648, while the parallel market, Nomu, added 1.02 percent to 20,565 as of 10:09 a.m. Saudi time.

Abdullah Saad Mohammed Abo Moati for Bookstores Co. led the gainers with 3.93 percent gain, after it posted SR15 million ($4 million) in profit for its fiscal year ending March 31, 2022, an increase of 183.3 percent.

Leading the fallers was Tihama Advertising and Public Relations Co., down 2.67 percent.

Saudi , the largest player on the Saudi oil market, started today’s trading down 0.77 percent.

In the financial sector, the Kingdom’s largest valued bank Al Rajhi dropped 0.59 percent, while Bank Aljazira fell 0.09 percent.

Al Moammar Information Systems Co. edged down 0.50 percent, following an agreement with US-based Cloudera to host and distribute its services in the Kingdom.

SABIC Agri-Nutrients Co. gained 0.84 percent, following the announcement that it will pay dividends of SR4 a share in the first half of the year.

Saudia Dairy and Foodstuff Co. fell 0.47 percent, following shareholders approval of SR0.50 per share for dividends in 2021.

Dar Alarkan Real Estate Development Co. decreased 1.25 percent, following the appointment of Yousuf Al Shelash as chairman and Majed Abdul Rahman Al Qasim as vice chairman.

Retal Urban Development Co. lost 1.81 percent, following the acquisition of SR339 million in residential land in the Sedra Masterplan Community.

In energy trading, Brent crude settled at $117.10 a barrel and US West Texas Intermediate reached $111.20 a barrel, as of 10:06 a.m. Saudi time.

 

These were the details of the news Luxury hotel brand JW Marriott makes Saudi debut with Riyad Capital    for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at Arab News and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

NEXT Al Mutlaq Group eyes further collaboration with TRSP

Author Information

I have been an independent financial adviser for over 11 years in the city and in recent years turned my experience in finance and passion for journalism into a full time role. I perform analysis of Companies and publicize valuable information for shareholder community. Address: 2077 Sharon Lane Mishawaka, IN 46544, USA Phone: (+1) 574-255-1083 Email: [email protected]