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Saudi Stocks Hit New Records

Saudi Stocks Hit New Records
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Saudi Stocks Hit New Records

Saudi Stocks Hit New Records

Saudi Arabia’s main equities index closed on Tuesday at its highest since 2015.

Tadawul All Share Index (TASI) gained 14.53 points to close at 9,660.27 points, and the value of trading amounted to SAR16.4 billion ($4.3 billion).

Meanwhile, the toll of shares traded was more than 725 million, divided into over 600,000 deals, during which the stocks of 56 companies ended the trading higher, while the shares of 134 companies slumped.

The parallel Saudi stock index “Nomu” also closed Tuesday up 90.45 points reaching 23711.14 points, with trades amounting to SAR29 million, and the number of traded shares reaching 290,000 shares, divided into 1,174 deals.

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Coordination Committee Seeks to Promote Bahraini-Saudi Tourism Exhibitions

Sara Ahmed Buhijji, CEO of Bahrain Tourism and Exhibitions Authority 
Sara Ahmed Buhijji, CEO of Bahrain Tourism and Exhibitions Authority 
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Coordination Committee Seeks to Promote Bahraini-Saudi Tourism Exhibitions

Sara Ahmed Buhijji, CEO of Bahrain Tourism and Exhibitions Authority 
Sara Ahmed Buhijji, CEO of Bahrain Tourism and Exhibitions Authority 

Sara Ahmed Buhijji, CEO of Bahrain Tourism and Exhibitions Authority, revealed the formation of a committee dedicated to coordinating exhibitions, conferences, and tourism events between Manama and Riyadh, with the aim to maximize mutual benefits for both countries in the sector.
Buhijji was speaking on the sidelines of the 9th UNWTO Forum on Gastronomy Tourism, held in Bahrain from November 18-19.
The event, which is taking place for the first time in the Middle East, is organized by the Bahrain Tourism and Exhibitions Authority, the UN World Tourism Organization, and the Basque Culinary Center.
According to Buhijji, Bahrain and Saudi Arabia are promoting a shared tourism product, given their geographical proximity and close ties. Visitors to Manama can easily travel to Saudi Arabia, either via the King Fahd Causeway—reaching the Eastern Province in less than 20 minutes—or by air, with a flight to Riyadh taking approximately 30 minutes.
She also highlighted a targeted effort to attract tourists from five key countries, including GCC nations, with a particular focus on Saudi Arabia as one of the largest sources of visitors to Bahrain.
Buhijji emphasized the significance of hosting the 9th UNWTO Forum on Gastronomy Tourism in the Middle East, which has attracted over 650 participants from 59 countries, including the GCC.
She noted that hosting such a prominent event demonstrates Bahrain’s capability to attract large-scale events, thanks to its robust infrastructure, numerous hotels, and Bahrain International Airport’s capacity to handle a significant number of visitors.