Thank you for reading the news about Saudi Arabia spends $503m on water projects in Northern Borders region and now with the details
Jeddah - Yasmine El Tohamy - RIYADH: The Saudi main index closed its first session of the week lower in line with a slowing global economy, which remains a source of concern.
The Tadawul All Share Index dipped 1.63 percent to end Sunday at 11,566, while the parallel market Nomu edged 1.39 percent lower to 19,941.
Saudi oil giant Aramco ended with the session flat, while Rabigh Refining and Petrochemical Co. edged down 1.85 percent.
The Saudi National Bank, the Kingdom’s largest lender, fell 0.46 percent, while Saudi British Bank declined by 0.25 percent.
The Kingdom’s most valued bank Al Rajhi slipped 2.14 percent, while Alinma Bank slipped 2.25 percent.
Almarai Co. declined 4.15 percent, despite its net profit increasing 10 percent year-on-year to SR1.4 billion ($372 million) in the third quarter of the year.
Dr. Sulaiman Al Habib Medical Services Group Co. fell 2.95 percent, following the appointment of Faisal Al Nassar as acting CEO after Nasser Al-Huqbani resigned.
Saudi Enaya Cooperative Insurance Co. sank 3.89 percent, after it received the Saudi Central Bank’s approval to increase its capital to SR230 million.
Tanmiah Food Co. gained 4.04 percent to lead the gainers, while Salama Cooperative Insurance Co. decreased 7.93 percent to lead the fallers.
These were the details of the news Saudi Arabia spends $503m on water projects in Northern Borders region 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.
