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Topic

Most stock markets in the Gulf

Abu Dhabi outperforms Gulf markets; Saudi retreats

Abu Dhabi outperforms Gulf markets; Saudi retreats

Published 18 Oct, 2021 06:53pm
  • Saudi Arabia's benchmark index eased 0.1%, hit by a 1.5% fall in petrochemical maker Saudi Basic Industries and a 4.8% decline in Yanbu National Petrochemicals Co (Yansab)
Q1 earnings boost most Gulf markets; Egypt retreats

Q1 earnings boost most Gulf markets; Egypt retreats

Published 22 Apr, 2021 08:45pm
  • Saudi Arabia's benchmark index closed up 0.4%, with Al Rajhi Bank rising 0.8%, extending gains from the previous session when it reported first-quarter earnings.
  • The kingdom's biggest Islamic lender said net profit in the three months ended March 31 rose to 3.34 billion riyals ($891 million). It made a net profit of 2.38 billion riyals in the same period a year earlier.
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