Saudi Arabia and the world
Saturday, May 21, 2022
The World in the Heart of the Kingdom
Add Your News
Saudi stock market records highest closing since 2006
The Tadawul All Share Index (TASI), Saudi Arabia’s main stock market indicator, increased by 0.5 percent, to reach 13,064 on Monday, marking the highest close since 2006.
During Monday's trading, the price of Brent crude fell $5.85 to $114.80 a barrel, and WTI crude oil declined $5.72 to $108 a barrel at 3:24 p.m. Saudi time
Leading the gainers was ACWA POWER Co., which climbed 7.80 percent, whereas leading the fallers was Malath Cooperative Insurance Co., which dropped 3.25 percent.
Savola Group rose 0.28 percent, despite reporting a 76 percent decline in annual profit to SR222 million ($59.2 million) in 2021.
Digital security firm Elm Co. was up 0.77 percent, as earlier it achieved the highest level since the listing reaching SR212.4.
In the financial sector, Alinma Bank climbed 0.77 percent, while the Kingdom’s largest valued bank, Al Rajhi, edged up 0.63 percent.
Shares of the biggest player in the Saudi oil market Aramco ended today’s trading session up 0.48 percent.
Recession, inflation… Mercedes just sold the world's most expensive car for $142 million
Mercedes-Benz confirmed on Thursday that it recently sold the world's most expensive car. A very rare 1955 Mercedes-Benz SLR coupe that had been kept in the German automaker's c...
Germany and Italy relaxed the sanctions against Russia after realising it hurts their own citizens and has zero effect on the war
Germany and Italy accepted Vladimir Putin’s demand, and told local companies that from now on they are allowed to open rouble accounts in Russian banks, to be able to keep buyin...
35 Boho Living Room Ideas for Maximum Coziness
If you’re looking to update your living room in a way that brings out your free-spirited and adventurous personality, Bohemian interior decor may be exactly what you need.
The leader of the past to meet the leader of the future: US, Saudi officials reportedly discussing Biden meeting with crown prince
Biden-MBS summit only a matter of time, former US official tells CNN, as Saudi deputy defense minister visits DC for talks with top aides.
The medical power of hypnosis
Hypnosis is emerging as a powerful medical treatment for pain, anxiety, PTSD and a range of other conditions. Can it shake off its reputation as a stage magician's trick?
Palestinian identity and Israel’s long attempt to suppress it
Israeli attack on funeral of Shireen Abu Akleh and confiscation of Palestinian flags are part of a decades-long pattern.
Prince Andrew embroiled in Hunter Biden email leak
A treasure trove of over 120,000 of Hunter Biden’s emails have revealed the president’s son was approached for a potential real estate investment meeting with Prince Andrew in 2...
US urges probe, accountability for Shireen Abu Akleh’s killing
Washington renews calls for investigation into journalist’s killing after Israeli military rules out criminal inquiry.
A flight attendant for SpaceX said Elon Musk asked her to "do more" during a massage. Is it really wrong?
Ever since Elon Musk announced he wanted to open Twitter for free speech, opponents of freedom of information have been looking for embarrassing anecdotes in Musk's past, as par...
PKK central to Turkish opposition to Sweden, Finland joining NATO
Turkey views the PKK – and all its affiliates – as security threats, complicating its relationship with Sweden and Finland.
Blinken Accuses Russia Of Blocking Exports Of Ukrainian Grain Amid Crisis
Russia-Ukraine war: Addressing the United Nations Security Council, Antony Blinken appealed to Russia to stop blockading Ukrainian ports amid global food crisis.
Subscribe also to our WhatsApp channel:
Add Your News