Saudi Ground Services Co. has defied market trends by renewing a 2 billion SAR contract with Flynas for airport services across Saudi airports. Ades Holding reversed its market losses by securing a 350 million SAR drilling contract with TotalEnergies in Qatar. Al-Etihad Cooperative Insurance issued its first dividends since 2008, significantly boosting its stock price. Meanwhile, the TASI index experienced a notable decline, signaling a bearish market sentiment. Upcoming financial reports from major Saudi companies like SNB, Saudi Basic Industries, and Al Rajhi are expected to show mixed profit trends.
Catalog
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Saudi Market Recap (4.14-4.17)
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