Closing Bell: Saudi main index holds steady at 10,626

The best-performing stock on the main market was Bupa Arabia for Cooperative Insurance Co. Shutterstock
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Updated 08 December 2025
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Closing Bell: Saudi main index holds steady at 10,626

RIYADH: Saudi Arabia’s Tadawul All Share Index was broadly stable on Monday, as it marginally declined by 0.05 percent to close at 10,625.50.

The total trading turnover of the benchmark index stood at SR3.42 billion ($910 million), with 84 of the listed stocks advancing and 167 declining.

The Kingdom’s parallel market Nomu shed 150.97 points or 0.63 percent to close at 23,911.47.

The MSCI Tadawul Index edged up by 0.18 percent to 1,397.01.

The best-performing stock on the main market was Bupa Arabia for Cooperative Insurance Co. Its share price increased by 5.68 percent to SR150.80.

The share price of East Pipes Integrated Co. for Industry rose by 3.58 percent to SR138.80.

On Tuesday, the company announced that it signed a six-month contract worth SR485 million with the Saudi Water Authority to manufacture and supply steel pipes.

The firm added that the financial impact of the contract will be visible on the company’s financials in the final three months of this year and the first quarter of 2026.

On the main market, ARTEX Industrial Investment Co. also saw its stock price increase by 3.57 percent to SR11.59.

Conversely, the share price of Abdullah Saad Mohammed Abo Moati for Bookstores Co. declined by 6.47 percent to SR44.24.

On the announcements front, Power and Water Utility Co., Marafiq for Jubail and Yanbu, said that it reached an amicable settlement with Saudi Aramco in relation to the supply of heavy fuel oil to the firm’s facility in Yanbu 2.

Under the agreement, Saudi Aramco will pay approximately SR70 million, and Marafiq will be exempted from paying certain handling fees, as well as operation, maintenance, and rental costs for specific facilities over varying timeframes, with an amount not exceeding approximately SR15 million annually until 2033.

The share price of Marafiq edged up by 0.78 percent to SR38.64.


Saudi Arabia leads outcome-based education to prepare future-ready generations: Harvard Business Review

A Harvard sign is seen at the Harvard University campus in Boston, Massachusetts, on May 27, 2025. (AFP)
Updated 10 February 2026
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Saudi Arabia leads outcome-based education to prepare future-ready generations: Harvard Business Review

  • The Riyadh-based school group developed a strategy that links every classroom activity to measurable student competencies, aiming to graduate learners equipped for the digital economy and real-world contexts

RIYADH: Saudi Arabia’s education system is undergoing a sweeping transformation aligned with Vision 2030, shifting from traditional, input-focused methods to outcome-based education designed to equip students with future-ready skills, Harvard Business Review Arabic reported.

The transformation is being adopted and spearheaded by institutions such as Al-Nobala Private Schools, which introduced the Kingdom’s first national “learning outcomes framework,” aimed at preparing a generation of leaders and innovators for an AI-driven future, the report said.

Al-Nobala has leveraged international expertise to localize advanced learning methodologies.

The Riyadh-based school group developed a strategy that links every classroom activity to measurable student competencies, aiming to graduate learners equipped for the digital economy and real-world contexts. The school’s group approach combines traditional values with 21st-century skills such as critical thinking, communication, innovation and digital fluency.

According to the report, the shift addresses the growing gap between outdated models built for low-tech, resource-constrained environments and today’s dynamic world, where learners must navigate real-time information, virtual platforms, and smart technologies.

“This is not just about teaching content, it’s about creating impact,” the report noted, citing how Al-Nobala’s model prepares students to thrive in an AI-driven world while aligning with national priorities.

The report noted that Saudi Arabia’s Ministry of Education has paved the way for this shift by transitioning from a centralized controller to a strategic enabler, allowing schools such as Al-Nobala to tailor their curriculum to meet evolving market and societal needs. This is part of the long-term goal to place the Kingdom among the top 20 global education systems.

Al-Nobala’s work, the report stated, has succeeded in serving the broader national effort to link education outcomes directly to labor market demands, helping to fulfill the Vision 2030 pillar of building a vibrant society with a thriving economy driven by knowledge and innovation.

Last February, Yousef bin Abdullah Al-Benyan, Saudi Arabia’s minister of education, said that the Kingdom was making “an unprecedented investment in education,” with spending aligned to the needs of growth and development. He said that in 2025, education received the second-largest share of the state budget, totaling $53.5 billion.