A security guard at the entrance to the historic area of Jeddah, Saudi Arabia, recently. Oil income contributes to about 70% of public revenues for Riyadh. – EPA pic, May 3, 2020.
SAUDI shares tumbled today, a day after the finance minister announced “painful” measures to tackle the economic impacts of the coronavirus pandemic. The Tadawul stock market closed the day a huge 7.4% lower, as all but one of the 195 listed stocks on the Arab world’s largest bourse were in the red. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
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Saudi stocks dive 6.8% after finance minister vows 'painful' measuresAlmost all stocks on the Arab world's largest bourse were in the red just minutes after the start of trading. FMTNews Saudi 🤣🤣🤣👍🤣👍🤣🤣🤣 Time again for Saudi MBS to go capture a few hundreds more of his bastard relatives and lock them up to reinforce his position.
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Saudi to take ‘strict, painful’ measures to deal with coronavirus impact | Malay MailRIYADH, May 3 — Saudi Arabia will take strict and painful measures to deal with the economic impact of the coronavirus pandemic, the finance minister said on Saturday, adding that “all options for dealing with the crisis are open”. “We must reduce budget expenditures sharply”, Mohammed...
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Saudi stocks dive after finance minister vows ‘painful’ measures | Malay MailDUBAI, May 3 — Saudi shares slumped 6.8 per cent as trading opened today, a day after the finance minister announced “painful” measures to tackle the economic impacts of the coronavirus pandemic. Almost all the listed stocks on the Arab world’s largest bourse were in the red just minutes...
Source: malaymail - 🏆 1. / 86 Read more »