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Saudi shares close higher ahead of Q4 results

Saudi shares closed higher on Saturday, boosted by gains in banking stocks.

The all-share gained 0.6 percent to 7,166 points and the banking index added 1.3 percent to 15,807 points.

Shares in heavyweight Al Rajhi Bank added 1.1 percent.

Banque Saudi Fransi added 0.3 percent after it announced a 22 percent rise in fourth-quarter earnings.

The banking index closed 0.2 percent lower at 6,146 points.

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40
Dubai labourers stage rare strike for more pay

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 Say
20
Are there too many Brits in the UAE?

Well 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 - goolie
6
Turkish Airlines says sorry for flights mix-up

Well, 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 Muneer

40
Dubai labourers stage rare strike for more pay

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 Say
24
Kuwait to start medical care segregation on June 1

Let 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 - Abdullah
20
Are there too many Brits in the UAE?

Well 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 - goolie

54
Emirates defends no staff bonus, despite huge profit

Happy 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 Tedesco
42
Qatar teacher jailed for insulting Muslims

Islam 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 - graeme
40
Dubai labourers stage rare strike for more pay

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 Say