King Abdul Aziz Center for World Culture launches ‘Tanween Challenges’

The program will run from Aug. 27 to Oct. 18. (Shutterstock)
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Updated 21 August 2020

King Abdul Aziz Center for World Culture launches ‘Tanween Challenges’

DHAHRAN: The King Abdul Aziz Center for World Culture (Ithra) launched its Tanween Challenges program on Thursday. The program, which runs from Aug. 27 to Oct. 18, will encourage participants to work with industry experts to design and develop projects and products to benefit Saudi Arabia.
The five challenges announced so far on Ithra’s website are: “Reimagining the Crafts of Saudi Arabia,” “The Future of Creative Placemaking,” “Creativity Needs You,” “Cardboard Furniture” and “A New Outdoors.” Participants will discuss ideas and existing projects in each field, and attempt to create their own product or project. Winners will have their designs featured by the relevant industry experts.
 


Tadawul index records highest close since July 2019 on Sunday

Updated 30 November 2020

Tadawul index records highest close since July 2019 on Sunday

  • Total trading reached $3.17 billion

Saudi Arabia’s benchmark Tadawul All Share Index (TASI) rose 0.2 percent, or 15 points, to end at 8,709 points on Sunday, the highest closing since July 2019.

Total trading reached SAR 11.9 billion ($3.17 billion), with the advance-decline ratio at 146:44.

SPIMACO rose 5.5 percent to SAR 43.05. The company signed a non-binding memorandum of understanding with German biopharmaceutical firm, CureVac, to provide COVID-19 vaccine in the Kingdom.

Electrical Industries closed 5.6 percent higher at SAR 24.26, as the firm completed the final phase of share buyback for SAR 7.2 million.

Naseej went limit up to close at SAR 33.

Oil giant Saudi Aramco fell 0.4 percent to SAR 35.75, while banking major Al Rajhi slipped 0.3 percent to SAR 74.

Blue chip SABIC edged down 0.3 percent to SAR 96.50.

Alandulas was the top decliner, shedding nearly 2 percent to SAR 21.08.

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