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Most Viewed News
 •  Mobily launches free WiFi service
 •  Emaar India Unit Plans to Sell Shares: Alabbar
 •  Kuwait at 7-month low
 •  Bahrain’s inflation remains flat in October
 •  Oman Air offers Lanka package
 •  Commercial Bank Successfully Closes Lower Tier II
 Most Viewed Companies
TickerPriceVolume
APPC 24.90331,205
ATHEEB 17.20959,318
CHEMANOL 16.001,224,141
DARALARKAN 15.951,344,384
EYAS 310.00 
EMAAR.TASI 10.502,880,137
GHOS 10.00 
Saudi Stock Exchange
Banks & Financial Services  -12.8 (-0.08%)   (18/Nov/2009)
Open 16,779.7
High 16,818.29
Low 16,719.08
Close 16,766.9
52-week high 17,615.29
52-week low 11,242.26
Volume 20,117,781
50-day average volume 36,196,793
1-month change -2.09
3-months change 12.2
12-month change 13.63
Technical Analysis Performance comparison

Related News
Gulf monetary union well on track: Saudi
(Agencies - 21/11/2009)
Saudi Arabian central bank governor Muhammad al-Jasser said that Gulf monetary union is “well on track” and he expects Kuwait’s parliament to ratify an accord that would establish a regional monetary council.

“We have four countries that have rea ...
 
Saad Group to sell 19% stake in Petra Diamonds
(Saudi Gazette - 21/11/2009)
Saad Group has agreed to sell a 19 percent stake in Petra Diamonds Limited, a UK-based mining company focusing on diamond resources, for $100 million in a private placement.

Saad Group is a Saudi Arabia-based conglomerate engaged in construction ...
 
China refiners agree 12% rise in crude imports from Aramco
(Reuters - 21/11/2009)
Chinese state oil firms have agreed to raise 2010 crude imports from Saudi Arabia by about 12 percent from this year to top one million barrels a day, traders said, as demand in the world’s No.2 oil user is poised to recover more.

Growth is set t ...
 
Kingdom’s infrastructure outlook ‘positive’
(Saudi Gazette - 21/11/2009)
Saudi Arabia’s infrastructure sector is forecast to achieve a real growth of 2.88 percent y-o-y in 2009, with the construction industry’s value to reach SR77.69 billion ($20.74 billion).

According to “Saudi Arabia Infrastructure Report Q1 2010” r ...
 
Mobily launches free WiFi service
(Arab News - 21/11/2009)
Etihad Etisalat (Mobily) has launched its free WiFi service at the holy sites in Makkah to enable pilgrims’ access the Internet. The free service will be available to pilgrims, journalists and the public as part of Mobily’s efforts to provide high quality ...
 
Saudi Set for Asia Crude Benchmark
(Reuters - 21/11/2009)
Saudi Arabia is all but certain to adopt the Dubai Mercantile Exchange’s Oman crude oil futures contract as its benchmark one day, oil traders say. Now the main question is when, not if, it makes the switch.

The growing confidence that state e ...
 
Aramco to shut asphalt unit at Ras Tanura for work
(Reuters - 19/11/2009)
Saudi Aramco will shut the asphalt unit at its 550,000 barrels per day (bpd) Ras Tanura refinery for planned maintenance from Dec. 16, the company said on Wednesday.

The asphalt production unit, which has a capacity of 17,000 bpd, according to Ar ...
 
Saudi index ends lower on selling pressure
(Reuters - 19/11/2009)
Selling pressure on Saudi bluechips weighed on Saudi stock market benchmark Tadawul All-Share Index (TASI), which ended lower for the first session in three on declining volumes.

Saudi Basic Industries (Sabic) fell 0.6 percent and Samba Financial ...
 
Saudi banks’ non-performing loans to rise
(Reuters - 19/11/2009)
Non-performing loans at eight Saudi banks rated by Standard and Poor’s could double to four percent by mid-2010 but they will remain manageable even at this level, a senior S&P analyst said.

S&P covers Al Rajhi Bank, Riyad Bank, Samba Financial G ...
 
Exxon, Sabic launch bids for rubber plant in Jubail
(Reuters - 19/11/2009)
ExxonMobil Chemical and Saudi Basic Industries Corp (SABIC) have launched bids for the first package of their synthetic rubber project in Jubail, two sources at contractors said.

The due date for storage tanks and spheres bids is Nov. 27. The pla ...

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