Closing Bell: Saudi main index starts the week in green with 10,610 points  

Trading activity picked up, with 189.21 million shares changing hands, while the total value of traded shares reached SR2.87 billion. Shutterstock
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Updated 11 January 2026
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Closing Bell: Saudi main index starts the week in green with 10,610 points  

RIYADH: Saudi equities closed higher on Sunday, with the Tadawul All Share Index rising 136.53 points, or 1.30 percent, to finish at 10,609.76.  

Gains were also seen across other market segments, as the MT30 Index advanced 16.92 points, or 1.21 percent, to 1,414.10, while the Nomu Parallel Market Index added 80.34 points, or 0.34 percent, to close at 23,618.74.  

Market breadth was firmly positive, with 230 gainers against 33 losers on the main market, reflecting improved investor sentiment. 

Trading activity picked up, with 189.21 million shares changing hands, while the total value of traded shares reached SR2.87 billion.  

On the gainers’ side, Saudi Industrial Export Co. led advances after jumping 10 percent to close at SR2.75, followed by Shatirah House Restaurant Co., which rose 9.88 percent to SR8.56.  

BAAN Holding Group Co. added 7.18 percent to finish at SR1.94, while Saudi Reinsurance Co. climbed 5.94 percent to SR27.82. Saudi Darb Investment Co. also posted strong gains, advancing 5.70 percent to close at SR2.41.  

Meanwhile, losses were seen in select real estate investment trusts and industrial stocks. Alinma Retail REIT Fund fell 3.30 percent to SR4.39, while Alinma Hospitality REIT Fund declined 2.77 percent to SR8.06.  

Derayah REIT Fund slipped 1.76 percent to SR5.02, and Al Yamamah Steel Industries Co. eased 1.67 percent to close at SR36.44.   

On the announcement front, Saudi Real Estate Co. said its subsidiary, Saudi Real Estate Co. for Infrastructure, has signed a Shariah-compliant credit facilities agreement with Alinma Bank.   

The financing totals SR550 million, carries a one-year renewable tenor, and is secured by a promissory note in line with the facility’s terms. The funding is intended to support ongoing project operations and strengthen credit capacity for future developments. Binyah is 60 percent owned by Saudi Real Estate Co., with the Public Investment Fund listed as a related party.   

Shares of Saudi Real Estate Co. closed at SR12.58, up SR0.13, or 1.04 percent.  

In a separate disclosure, Saudi Ceramic Co. announced it has completed the regulatory procedures to convert its Desert Mines branch into a single-person closed joint-stock company, wholly owned by Saudi Ceramic Co.   

The move consolidates mining, quarrying, and industrial raw materials processing activities under a 100 percent-owned structure and is part of the group’s strategy to enhance operational efficiency and governance.   

The company said the conversion is not expected to have a material financial impact on its results.  

Saudi Ceramic Co. ended the session at SR27.18, gaining SR0.20, or 0.74 percent. 


Saudi Arabia’s cultural sector is a new economic engine between Riyadh and Paris, says ambassador

Updated 25 January 2026
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Saudi Arabia’s cultural sector is a new economic engine between Riyadh and Paris, says ambassador

RIYADH: Culture has become a fundamental pillar in bilateral relations between France and Saudi Arabia, according to the French Ambassador to the Kingdom, Patrick Maisonnave.

Maisonnave noted its connection to the entertainment and tourism sectors, which makes it a new engine for economic cooperation between Riyadh and Paris.

He told Al-Eqtisadiah during the opening ceremony of La Fabrique in the Jax district of Diriyah that cultural cooperation with Saudi Arabia is an important element for its attractiveness in the coming decades.

La Fabrique is a space dedicated to artistic creativity and cultural exchange, launched as part of a partnership between the Riyadh Art program and the French Institute in Riyadh. 

Running from Jan. 22 until Feb 14, the initiative will provide an open workspace that allows artists to develop and work on their ideas within a collaborative framework.

Launching La Fabrique as a space dedicated to artistic creativity

The ambassador highlighted that the transformation journey in the Kingdom under Vision 2030 has contributed to the emergence of a new generation of young artists and creators, alongside a growing desire in Saudi society to connect with culture and to embrace what is happening globally. 

He affirmed that the relationship between the two countries is “profound, even cultural par excellence,” with interest from the Saudi side in French culture, matched by increasing interest from the French public and cultural institutions unfolding in the Kingdom.

Latest estimates indicate that the culture-based economy represents about 2.3 percent of France’s gross domestic product, equivalent to more than 90 billion euros ($106.4 billion) in annual revenues, according to government data. The sector directly employs more than 600,000 people, making it one of the largest job-creating sectors in the fields of creativity, publishing, cinema, and visual arts.

Saudi Arabia benefiting from French experience in the cultural field

Maisonnave explained that France possesses established cultural institutions, while Saudi Arabia is building a strong cultural sector, which opens the door for cooperation opportunities.

This comes as an extension of the signing of 10 major cultural agreements a year ago between French and Saudi institutions, aiming to enhance cooperation and transfer French expertise and knowledge to contribute to the development of the cultural system in the Kingdom.

He added that experiences like La Fabrique provide an opportunity to meet the new generation of Saudi creators, who have expressed interest in connecting with French institutions and artists in Paris and France.

La Fabrique encompasses a space for multiple contemporary artistic practices, including performance arts, digital and interactive arts, photography, music, and cinema, while providing the public with an opportunity to witness the stages of producing artistic works and interact with the creative process.