Bahri Shipping Company Sees Net Profits Down 93%

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The Tadawul All Share Index, TASI, rose 0.3% to exceed the 10,5086 point level at the start of today.

Qualified Foreign Investors (QFI) were net sellers of shares worth SR 244 million on the Saudi Stock Exchange (Tadawul) during the week ending October 28.

Here’s a recap of market movements at 10:30 a.m. Riyadh time:

Jazan Energy and Development Co. (JAZADCO) net profit increased 27% to SR 12.2 million ($ 3.2 million) in the first nine months of 2021.

National Agricultural Development Co. (NADEC) completed construction of a solar power project and began commercial operations.

Lazurde Company for Jewelry posted net profit of SR 26million for the first 9 months of 2021.

Jadwa REIT Saudi has signed a new lease agreement for the AlYaum tower for an annual rent of SR 16.15 million.

Saudi Arabia Amiantit Co. Board of Directors appoints Khalil bin Abdulfattah Kordi as Managing Director (CEO), effective November 1

Thob AlAseel Co.’s net profit in the third quarter of 2021 fell 40% to SR 3.6 million.

Riyad Capital abandons the first international real estate investment products in the United States.

Brent crude was trading down 0.3% to $ 83.44 a barrel as of 9:00 a.m. Mecca time.


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