Complex Made Simple

Saudi Investors call it a year

The Tadawul All Share Index fell by 0.47 per cent to 8,521.89 points on Tuesday, December 24. SABIC fell by 0.22 per cent to SR111. Zamil Industrial Investment Co closed unchanged at SR42.70. Earlier in the day, Zamil revealed that its subsidiary, Zamil Air Conditioners, has been awarded a contract worth SR102 million ($27.2m) from Hyundai Heavy Industries, to supply custom air-conditioning systems for the Jeddah South Thermal Power Plant project, which is owned and operated by the Saudi Electricity Company in the western region of Saudi Arabia.

Gérard Al-Fil