Top seven Mideast-focused panels at Davos

Over 3,000 political, business and civil leaders are gathering in Davos, Switzerland, for the World Economic Forum Annual Meeting. (WEF)
Updated 22 January 2019
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Top seven Mideast-focused panels at Davos

  • A sizeable delegation from Saudi Arabia and the wider Middle East are in attendance
  • Several panels focusing on the region will be held during the four-day event;

DAVOS: Over 3,000 political, business and civil leaders are gathering in Davos, Switzerland, for the World Economic Forum Annual Meeting — including a sizeable delegation from Saudi Arabia and the wider Middle East.
Several panels focusing on the region will be held during the four-day event; here are seven that caught our eye.
Follow the latest news, views and analysis from Davos here...

Tuesday, 5:45 p.m. — Strategic Outlook on the Middle East
A look at how regional leaders can unlock the full potential of its next generation of entrepreneurs and workers. Speakers include Mohammed Al-Tuwaijri, Saudi Arabia’s minister of economy and planning.

Wednesday, 10 a.m. — An Insight, An Idea with Haifaa Al-Mansour
Saudi Arabia’s first female filmmaker and Crystal Award winner is due to speak about her dedication to breaking boundaries and shaping new stories.

Wednesday, 12 noon — The New Energy Equation
A panel on strategic shifts in energy cooperation and markets; speakers include Saudi Energy Minister Khalid Al-Falih.

Wednesday, 2:30 p.m. — The Future of Science and Technology in Society
Sarah Al-Amiri, UAE minister for advanced sciences, is one of the speakers on this panel about how science and technology is reshaping politics, business and public policy.

Thursday, 9:15 a.m. — Next Steps for Saudi Arabia
Al-Tuwaijri, Finance Minister Mohammed Al-Jadaan, and Tadawul Chairperson Sarah Al-Suhaimi are the Saudi speakers on this panel about the Kingdom’s reform plans.

Thursday, 1 p.m. — Asia’s Bet on the Middle East
This panel on the shifting relations between the two regions includes Iraqi Finance Minister Fuad Hussein as a speaker.

Thursday 1:30 p.m. — A Conversation with Omar Al-Razzaz, Prime Minister of Jordan
The Jordanian PM is set to speak to CNBC’s Hadley Gamble.

 


Closing Bell: Saudi main index slips to close at 11,228 

Updated 15 February 2026
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Closing Bell: Saudi main index slips to close at 11,228 

RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Sunday, lost 23.17 points, or 0.21 percent, to close at 11,228.64. 

The total trading turnover of the benchmark index was SR2.99 billion ($797 million), as 170 of the stocks advanced and 82 retreated.    

On the other hand, the Kingdom’s parallel market Nomu gained 449.38 points, or 1.90 percent, to close at 24,093.12. This comes as 43 of the stocks advanced while 27 retreated.    

The MSCI Tadawul Index lost 6.07 points, or 0.40 percent, to close at 1,511.36.     

The best-performing stock of the day was Obeikan Glass Co., whose share price surged 7.54 percent to SR27.66.  

Other top performers included Alamar Foods Co., whose share price rose 6.80 percent to SR47.10, as well as Saudi Kayan Petrochemical Co., whose share price climbed 6.79 percent to SR5.66.   

Saudi Investment Bank recorded the steepest drop, falling 3.21 percent to SR13.56. 

Jahez International Co. for Information System Technology also saw its share price fall 3.15 percent to SR13.55. 

Rabigh Refining and Petrochemical Co. declined 2.78 percent to SR7.34. 

On the announcements front, Tanmiah Food Co. reported its annual financial results for the period ending Dec. 31. According to a Tadawul statement, the company recorded a net loss of SR18.8 million, compared with a net profit of SR95.8 million a year earlier. 

The net loss was mainly due to ongoing market challenges that resulted in continued pricing pressures in fresh poultry, inflationary cost pressures, higher financing expenses, and depreciation and ramp-up costs from new facilities, partially offset by increased production volumes and cost-optimization initiatives.  

Tanmiah Food Co. ended the session at SR58.20, up 3.72 percent. 

United International Holding Co., also known as Tas’heel, announced its annual financial results for the period ending Dec. 31. A bourse filing showed the company recorded a net profit of SR273.64 million in 2025, up 23.05 percent from 2024, primarily driven by a 23.4 percent rise in revenues. The revenue growth helped lift gross profit by 23.7 percent. 

Tas’heel ended the session at SR146.80, down 0.28 percent.