King Salman: World must confront 'dangerous scourge' of terrorism

Updated 24 March 2016

King Salman: World must confront 'dangerous scourge' of terrorism

RIYADH: Custodian of the Two Holy Mosques King Salman on Tuesday stressed the need for joint global efforts to eliminate the scourge of terrorism as he condoled with Belgium after the deadly terrorist attacks that took place in Brussels.
In a cable of condolences to King Philippe of Belgium, King Salman said: “We learned with grief about the terrorist attacks that took place in Brussels which resulted in casualties and injuries. As we strongly condemn these criminal acts, we, on behalf of the Government and people of the Kingdom of Saudi Arabia, condole Your Excellency, the families of the victims and the brotherly people of Belgium.”
“We stress the importance of international efforts to confront and eliminate this dangerous scourge which is condemned by all divine religions and international norms and conventions,” he further said.
Crown Prince Mohammed bin Naif, Crown Prince Mohammed bin Naif, deputy premier and minister of interior, and 
Deputy Crown Prince Mohammed bin Salman bin Abdulaziz, the second deputy premier and minister of defense, also sent messages of condolences to King Philippe. 
The Organization of Islamic Cooperation (OIC)  and the Gulf Cooperation Council (GCC) composed of Saudi Arabia, Kuwait, Bahrain, Oman, United Arab Emirates and Qatar also condemned the attacks, “which violate the sanctity of human life.” 
Saudi Embassy oficials in Brussels advised citizens to be alert and avoid public places and congested areas. It urged them to avoid public arguments and contact the embassy in case of any emergency. It advised the Saudis to postpone travel plans.

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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