Closing Bell: Saudi main index slips to 10,696

The total trading turnover of the benchmark index reached SR3.16 billion ($842 million), with 38 stocks advancing and 217 declining. Tadawul
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Updated 31 August 2025
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Closing Bell: Saudi main index slips to 10,696

  • Parallel market Nomu dropped 1.37% to end at 25,943.03
  • MSCI Tadawul Index shed 0.19% to close at 1,382.06

RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Sunday, losing 35.42 points, or 0.33 percent, to close at 10,696.89.

The total trading turnover of the benchmark index reached SR3.16 billion ($842 million), with 38 stocks advancing and 217 declining.

The Kingdom’s parallel market Nomu also dropped, falling 360.62 points, or 1.37 percent, to 25,943.03, as 30 stocks advanced while 65 retreated.

The MSCI Tadawul Index shed 2.59 points, or 0.19 percent, to close at 1,382.06.

Development Works Food Co. was the day’s top performer, rising 6.53 percent to SR124. Arab National Bank gained 3.02 percent to SR24.21, while Banque Saudi Fransi advanced 2.96 percent to SR16.70.

On the downside, SABIC Agri-Nutrients Co. fell 5.44 percent to SR114.80. 

Rabigh Refining and Petrochemical Co. (Petro Rabigh) declined 5.14 percent to SR7.01. The company announced a board recommendation to raise its capital from SR16.7 billion to SR21.9 billion through issuing and privately offering new ordinary shares to founding shareholders, alongside a subscription agreement.

In corporate updates, Saudi Networkers Services Co. reported a net profit of SR20.6 million for the first half of 2025, up 4.4 percent from a year earlier, supported by higher revenues and improved margins. Its shares closed at SR73, up 6.84 percent.

Advance International Co. for Communication and Information Technology posted a net loss of SR2.9 million for the same period, compared with a profit of SR5.15 million last year. The company cited higher operating costs and lower selling prices in its wholesale and supplies division. Its shares ended at SR2.30, down 8.33 percent.

Arabian International Healthcare Holding Co. narrowed its losses to SR24.2 million, down 23.6 percent year on year, aided by stronger gross profit and lower impairment charges. Its shares closed at SR33.30, down 15.87 percent.

Saudi Parts Center Co. swung to a net loss of SR6.2 million in the first half of the year, versus a profit of SR689,000 last year, due to a 17 percent sales drop and weaker revenue from its Engine and Generator Repair Center. Its shares ended at SR42, down 13.04 percent.

Rawasi Albina Investment Co. turned to a net profit of SR1.19 million from a loss of SR9.7 million a year earlier, driven by higher revenues from completed projects and contract expansions in construction, telecoms, and energy. Its stock fell 7.69 percent to SR3.98.


Saudi Arabia boosts global 3D printing presence amid 20% annual growth

Updated 13 sec ago
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Saudi Arabia boosts global 3D printing presence amid 20% annual growth

RIYADH: Saudi Arabia aims to become the world’s fifth-largest 3D printing market by 2030, placing it at the center of global competition, Faisal Adnan, founder and CEO of Namthajah, told Al-Eqtisadiah.

Founded in 2015, Namthajah is a Saudi company specializing in 3D printing, with investments in the sector totaling around SR30 million ($8 million).

Adnan said the industry is experiencing rapid global growth, with the market valued at roughly $20 billion and an annual growth rate of 20 percent, adding that the sector is expected to expand to $100 billion over the next five years.

The CEO emphasized that this trend represents a strategic opportunity to expand Saudi industrial leadership and enhance the global competitiveness of its products, noting that the Ministry of Industry and Mineral Resources is working to build advanced industries with added value based on knowledge and intellectual property.

Adnan added that Fourth Industrial Revolution technologies have become central to global industrial transformation, as highlighted at the current industrial exhibition focused on these advancements.

Modular production lines

Namthajah announced it has received a grant from the Innovative Factories Promotion Initiative to develop a modular production line for manufacturing 3D-printed structures, making it one of the first specialized production lines of this scale globally.

The company aims to expand to 200 advanced manufacturing centers worldwide over the coming years, up from 11 centers currently in Saudi Arabia, with its first international expansion to be announced before year-end.

Strategic partnerships 

Namthajah signed a partnership agreement with the Ministry of Industry to serve as an innovation partner with the Advanced Manufacturing Center, providing consulting services and support programs to promote 3D printing adoption across the local industrial sector.

The company is also preparing to announce a new agreement with China’s Enigma, one of the world’s largest 3D printing technology firms, to establish a center of excellence for developing metal part manufacturing applications for the energy sector.

This collaboration is expected to transfer advanced knowledge and develop high-quality industrial solutions, strengthening the Kingdom’s position as a regional hub for advanced tech industries.

Promising sector

These rapid initiatives highlight Saudi Arabia’s ambition to build a sophisticated 3D printing sector capable of enhancing the national economy and creating new industrial opportunities.

With international strategic partnerships and the development of innovative production lines, the Kingdom is paving the way for a new era of leadership in advanced manufacturing technologies regionally and globally.