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Saudi shares closed narrowly higher on Saturday as the all-share ended 0.2 percent higher on 6996.72 points.
The petrochemical index rose 0.42 percent to 5994.93 points while the banking index also closed higher, rising 0.08 percent.
US stocks climbed on Friday, pushing the Nasdaq to a 12-year closing high and the S&P 500 index to a five-year high as stronger trade data lifted optimism.
Brent oil futures hit a nine-month high near $119 a barrel on Friday after data showed strong growth in Chinese oil imports, rounding out four straight weeks of gains for the contract and taking its premium over US crude to more than $23.
As much as I love the UAE, this will be a problem for them in the future. Lets look at this from any democratic Country on Earth. If I decided not to turn... more
Wednesday, 22 May 2013 11:56 AM - Ty SayWell said, at least it is not as propaganda sounding as the UK ambassador in last night's party where my mate adivced me not to throw my shoes at him as... more
Wednesday, 22 May 2013 9:13 PM - goolieWell, don't you know that these were AMERICANS!! The most ignorant nation in the World!!! May God continue to bless America! more
Wednesday, 22 May 2013 4:34 PM - Kazim MuneerAs much as I love the UAE, this will be a problem for them in the future. Lets look at this from any democratic Country on Earth. If I decided not to turn... more
Wednesday, 22 May 2013 11:56 AM - Ty SayLet me put the entire issue in perspective. There are massive traffic problems on the roads of Kuwait, where Kuwait can boast high road fatalities and... more
Tuesday, 21 May 2013 1:28 PM - AbdullahWell said, at least it is not as propaganda sounding as the UK ambassador in last night's party where my mate adivced me not to throw my shoes at him as... more
Wednesday, 22 May 2013 9:13 PM - goolieHappy employees, happy customers. Quite simple actually. 60,000 unhappy staff, well, you do the math on how many unhappy customers can result from poor... more
Monday, 20 May 2013 10:27 AM - Louie TedescoIslam is not better than any other religion, to all the muslims out there, stop putting yourself on a pedestal, you are filled with self importance that... more
Tuesday, 14 May 2013 9:58 AM - graemeAs much as I love the UAE, this will be a problem for them in the future. Lets look at this from any democratic Country on Earth. If I decided not to turn... more
Wednesday, 22 May 2013 11:56 AM - Ty Say
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