العربية
Business

Closing Bell: Saudi stocks slip as TASI falls 0.25% to close at 10,479

Saudi Arabia's Tadawul All Share Index (TASI) slipped 0.25 percent to close at 10,479.78 on Monday, while the parallel Nomu market gained 0.73 percent. Notable corporate disclosures included Saudi Networkers Services Co. accepting a significant VAT assessment, Molan Steel Co. proposing an amended plan to address accumulated losses, and Alkhorayef Water and Power Technologies Co. and Alwasail Industrial Co. securing new contracts.

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Saudi Energy Minister Signs MoUs on Energy Cooperation with Mongolia, Tanzania, Cyprus, and Mauritius

Saudi Minister of Energy and Minister of Industry and Mineral Resources Prince Abdulaziz bin Salman bin Abdulaziz signed in Riyadh on Monday four memoranda of understanding with ministers from Mongolia, Tanzania, Cyprus and Mauritius to strengthen cooperation across a range of energy fields. The MoUs were signed on the sidelines of the 25th WPC Energy Congress, hosted by Saudi Arabia through October 15 under the theme “Pathways to an Energy Future for All."

Asharq Al-Awsat English