• Saudi Stock Exchange index falls 17% in 2015 / 2 Riyadh

    The total number of Transactions executed during the year 2015 reached 30.44 million compared to 35.76 million trades for the previous year, decreased by (14.87%).

    The total number of Shares Traded for the year 2015 reached 65.99 billion shares compared to 70.57 billion shares traded during the previous year, decreased by (6.48%).
    Historical prices and volume traded data are adjusted to account for all corporate actions during the year.

    Numbers of trading days during 2015 were 251 days, against 250 trading days during 2014.
    12:17 LOCAL TIME 09:17 GMT

  • Saudi Stock Exchange index falls 17% in 2015

    Riyadh, Rabi’I 24, 1437, January 04, 2016, SPA — Saudi Stock Exchange ”Tadawul” All Share Index (TASI) closed at the end of the year 2015 at a level of 6,911.76 points compared to 8,333.30 points for the previous year, lost 1,421.54 points (17.06%); the highest close level for the index (TASI) during the year was 9,834.49 points as on 30th of April.

    The total Market Capitalization at the end of the year 2015 reached SAR 1,579.06 billion (US$ 421.10 billion), decreased by (12.90%) as compared to the end of the previous year.

    The total Value of Shares Traded for the year 2015 reached SAR 1,660.62 billion (US$ 442.83 billion) compared to SAR 2,146.51 billion (US$ 572.40 billion) for the previous year, decreased by (22.64%).
    12:16 LOCAL TIME 09:16 GMT

  • Islamic Relief Organization executes a project for farmers in Sudan

    Jeddah, 23 Rabi’I,1437 AH, 03 January,2016 , SPA — The International Islamic Relief Organization of Muslim World League has executed a new project to develop the capabilities of displaced people and some farmers in Darfur region in western Sudan in the agricultural fields through providing a number of training and qualifying opportunities.
    The Organization’s Secretary General, Ihsan bin Saleh Tayib explained that these training opportunities have benefitted 1,360 farmers, among them 1,000 in the camp of Al-Sereef and 360 farmers in the village of Tamisco.
    — SPA
    16:01 LOCAL TIME 13:01 GMT

  • Agriculture Ministry bans import of incubating eggs and chicks from France

    Riyadh , Rabi’I 23, 1437, January 03, 2016, SPA — The Ministry of Agriculture has temporally banned the importing of incubating eggs and chicks from Landes and Dordogne districts in Republic France due to the bird flu disease.

    The ban’s decision came according to the warning bulletin reported by International Organization for Animal Health included infections of bird flu H5N1, H5N2, and H5N9 in the two districts in France
    — SPA
    14:23 LOCAL TIME 11:23 GMT

  • Saudi-Jordanian Business Council to meet in Jordan

    Riyadh, 23 Rabi’I, 1437,January 03, 2016, SPA –A delegation of Joint Saudi-Jordanian Business Council of Saudi Chambers Council, headed by Mohammed bin Abdulaziz Al-Oudeh, will visit the Jordanian capital Amman on January 5 -7 , 2016 to discuss with its counterpart from the Jordanian side opportunities of trade and investment cooperation between the two brotherly countries.
    The head of Joint Saudi-Jordanian Business Council Al-Oudeh said in a statement today that the visit comes in conjunction with the meetings of the 15th session of Joint Saudi-Jordanian Committee, pointing out that the program includes a meeting with Prince Khalid bin Faisal bin Turki bin Abdullah, the Saudi Ambassador to Jordan.
    — SPA
    11:16 LOCAL TIME 08:16 GMT

  • Muscat Securities Market Loses 38 Points

    Muscat, Rabi’I 20, 1437, December 31, 2015, SPA — Muscat Securities Market (MSM) general index (30) today lost (38.2) points, comprising a decline by (0.70%) to close at (5406.22) points, compared to the last session, which stood at (5444.39) points.

    The trading value today stood at (RO 14,543,102) million, comprising a decline by (74.1%) compared to the last session, which stood at (RO 56,251,783) million.

    The report released by MSM pointed out that the market value fell by (0.27%) to reach about (RO 15.78) billion.
    14:56 LOCAL TIME 11:56 GMT

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