10/04/2025 13:46 AST

The Saudi Stock Exchange (Tadawul) index opened trading on Thursday with a four percent increase, rising more than 400 points above the 11,500-point level, with trading valued at nearly SR1 billion.

The rises were led by ADES Holding, ACWA Power, Riyadh Development, and Al Baha Investment and Development, with the index hitting its highest level of the day at 11,605 points, with gains exceeding 500 points at a time. Shares of two Tadawul-listed companies hit their highest levels in 52 weeks. Shares of Zamil Industrial recorded 69 percent while stocks of Dar Al Arkan jumped 59 percent.

This came after US President Donald Trump suspended the implementation of high tariffs for 90 days on dozens of countries, while maintaining a lower base tariff. However, he announced a new increase in tariffs on China, reaching 125 percent.

Oil prices saw a significant increase on Wednesday, with Brent crude rising four percent to $65.3 a barrel.


Saudi Gazette

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Brent crude futures were down 22 cents, or 0

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As Saudi Arabia accelerates its economic diversification efforts under Vision 2030, ensuring balanced regional development is crucial, according to a senior academic.

Zeger Degraeve, dean of

Arab News

Saudi Arabia eyes $31.6bn space economy as sector gains momentum

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Saudi Arabia's space economy reached $8.7 billion in 2024 and is expected to grow to $31.6 billion by 2035, according to a new study.

The Space Market Report 2025, released by the Communica

Arab News

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NOMU 29,117.62 -23.39 (-0.08%)

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Boursa Kuwait publishes its 4th Corporate Sustainability Report

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Boursa Kuwait published its fourth Corporate Sustainability Report, which shed light on the company's initiatives from January 1 to December 31, 2024. The report outlined the company's sustainability

Kuwait Times

Bahrain All Share Index closes higher

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Bahrain All Share Index has closed at 1,901.77 points, marking an increase of 5.47 points above the previous closing.

This increase was due to the rise in the communication services sector,

BNA

'QSE index resumes rise after US suspends tariffs for 90 days'

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The Qatar Stock Exchange (QSE) index ended this week's trading session down 1.35 percent compared to the last weekly trading session, losing 137.86 points to reach 10,095.09 points, pressured by four

QNA

Closing Bell: Saudi main index closes in green at 11,502

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Saudi Arabia's Tadawul All Share Index rose on Thursday, gaining 405.89 points, or 3.66 percent, to close at 11,502.54.

The total trading turnover of the benchmark index was SR8.32 billion

Arab News

Foreigners boost Q1 trading on Abu Dhabi Exchange to 4-year high

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The Abu Dhabi Securities Exchange witnessed a 151 per cent surge in net foreign investment in the first quarter as it rolled out a new corporate structure, technology upgrades and a broader range of

Bloomberg