Closing Bell: Saudi stock market ends the week in green 

Sport Clubs Co. led the gainers on Thursday, climbing 9.97 percent to SR11.25. Shutterstock
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Updated 31 July 2025
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Closing Bell: Saudi stock market ends the week in green 

RIYADH: Saudi Arabia’s Tadawul All Share Index ended the week on Thursday with a slight gain, rising 5.89 points, or 0.05 percent, to close at 10,920.27. 

The total trading turnover reached SR4.38 billion ($1.16 billion), with 417.32 million shares traded. A total of 111 stocks advanced while 136 declined. 

The MSCI Tadawul 30 Index also edged higher, adding 2.66 points, or 0.19 percent, to finish at 1,409.74. 

On the Kingdom’s parallel market Nomu, the index advanced by 115.90 points, or 0.43 percent, closing at 26,924.98. Of the listed companies, 47 gained while 31 declined. 

Sport Clubs Co. led the gainers, climbing 9.97 percent to SR11.25. They were followed by Al Babtain Power and Telecommunication Co., which rose 5.03 percent to SR56.40, and Bupa Arabia for Cooperative Insurance Co., which added 4.27 percent to close at SR168.60.

Miahona Co. and Saudi Azm for Communication and Information Technology Co. were also among the top performers, gaining 4.23 percent and 3.85 percent, to close at SR27.10 and SR29.66, respectively. 

Saudi Steel Pipe Co. recorded the steepest decline of the session, falling 4.02 percent to SR51.30. It was followed by Yamama Cement Co., which dropped 3.8 percent to SR32.88, and Halwani Bros. Co., down 3.19 percent to SR42.42. 

Arab Insurance Cooperative Co. and Astra Industrial Group also posted losses of 2.92 percent and 2.57 percent, respectively. 

On the announcement front, Umm Al-Qura Cement Co. reported a 6.6 percent year-on-year decline in revenue for the first half of 2025, with sales amounting to SR122.5 million compared to SR131.2 million in the same period last year. 

Net profit also dropped, falling 30.8 percent to SR20.8 million from SR30.1 million over the same period. 

The company attributed the decline in revenue to a decrease in the average selling price per tonne. 

The fall in net profit was linked to the lower sales value and a reduction in other revenues, despite a decline in general and administrative expenses, financing costs, and zakat. 

Shares of Umm Al-Qura Cement Co. closed at SR15.61 on Thursday, down 0.32 percent. 

Almarai Co. confirmed the completion of its acquisition of Pure Beverages Industry Co., following its initial agreement signed on June 15. 

The company stated that the transaction reinforces its strategy to expand its beverage portfolio and strengthen its market presence, while supporting future growth plans. 

Almarai added that the acquisition was finalized with no change to the previously disclosed cost of SR1.04 billion. 

Shares of Almarai Co. closed at SR47.90 on Thursday, down 0.04 percent. 


Saudi Cultural Development Fund signs credit facility agreements to support 5 establishments worth over $16.7m

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Saudi Cultural Development Fund signs credit facility agreements to support 5 establishments worth over $16.7m

RIYADH: The Saudi Cultural Development Fund has signed five credit facility agreements under its “Cultural Financing” program, totaling over SR63 million ($16.7 million), to finance several cultural projects.

This took place during the Development Finance Conference Momentum 2025, organized by the National Development Fund at the King Abdulaziz International Conference Center in Riyadh.

These facilities aim to support the growth of a distinguished group of cultural projects targeting four sub-sectors: architecture and design, theater and performing arts, music, and visual arts.

These undertakings focus on several areas, including supporting the infrastructure of cultural sectors, such as establishing a music institute and a creative complex, in addition to providing support services and developing national talents and expertise.

It is worth noting that among the projects included in these credit facilities is the “Sifr Creative Group,” an innovative cultural destination that embraces creative individuals and provides a comprehensive environment for production and development.

The complex contributes to strengthening the cultural infrastructure through an integrated system that supports creative work and programs dedicated to empowering talent and the sector, serving as a platform that enriches the cultural landscape and opens broader horizons for innovation and local production

The Cultural Development Fund signed these credit facilities as part of its role as a center for financial empowerment in the cultural sector. The initiative supports micro, small, and medium enterprises to help diversify the national economy, develop cultural talent, and enhance quality of life in line with the Kingdom’s Vision 2030 and the Sustainable Development Goals.

The signing of these credit facilities by the Cultural Development Fund comes within its role as a center of excellence and financial empowerment in the cultural sector. This initiative also forms part of the fund’s broader efforts to support micro, small, and medium enterprises, to enhance their role in diversifying the national economy, developing cultural talent, and raising the quality of life; contributing to achieving the Sustainable Development Goals under the umbrella of the Kingdom’s Vision 2030.