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RIYADH: ����ֱ��’s Tadawul All Share Index was steady on Sunday, as it marginally declined by 0.05 percent or 5.97 points to close at 11,690.61
The benchmark index witnessed a total trading turnover of SR4.13 billion ($1.10 billion), with 84 stocks advancing and 168 declining. 
The Kingdom’s parallel market, Nomu, also shed 113.58 points or 0.44 percent to close at 25,484. 
The MSCI Tadawul Index edged down by 0.08 percent to 1,522.15. 
The best performing stock on the main market was Saudi utility giant ACWA Power. The company’s share price increased by 5.92 percent to SR248.70.
On Sunday, ACWA Power announced that its subsidiary Hajjar Two Electricity Co. achieved financial closure for the expansion of the Qurayyah Independent Power Plant in the Eastern Province of ����ֱ��, with a total capacity of 3,010 megawatts. 
Another top performer of the day was CHUBB Arabia Cooperative Insurance Co., as its share price advanced by 3.57 percent to SR31.90. 
Development Works Food Co. also saw its share price climb by 3.43 percent to SR144.90. 
Conversely, the stock price of Naseej International Trading Co. declined by 6.37 percent to SR67.05. 
On the announcements front, Banque Saudi Fransi said that it plans to issue an SR-denominated additional tier-1 sukuk under its SR8 billion AT-1 capital sukuk issuance program. 
In a press statement, the financial institution said that it has appointed Saudi Fransi Capital as the sole bookrunner, lead coordinator, and lead manager for the potential private placement offer. 
Banque Saudi Fransi added that the purpose of the potential offer is to strengthen the financial institution’s capital base. 
The statement further clarified that the number and the value of the sukuk to be offered will be determined based on market conditions. 
The share price of Banque Saudi Fransi edged up by 0.05 percent to SR18.60.
Al Moammar Information Systems Co. said that it signed a 36-month contract valued at SR42.93 million with the Saudi Authority for Data and Artificial Intelligence. 
Under the deal, MIS will work on a Deem cloud security sustainability project, as well as providing IT services provision and development for SDAIA, according to a Tadawul statement. 
The company added that the impact of the contract will be visible in the financials of the firm by the fourth quarter of this year. 
The share price of MIS declined by 0.34 percent to SR144.50.

RIYADH: ����ֱ��’s rail transport sector recorded a 335 percent year-on-year surge in passengers to 39 million in the third quarter of 2025, fueled by the full launch of the Riyadh Metro, official data showed. 

The metro system handled 25.2 million passengers during the quarter, the Saudi Press Agency reported, citing figures from the Transport General Authority. The Kingdom’s rail network carried 42.7 million passengers in 2024, a 41 percent increase from the previous year. 

The growth aligns with the National Transport and Logistics Strategy, which seeks to raise transport’s contribution to gross domestic product to 10 percent by 2030 from 6 percent now. 

“As for trains inside cities, the authority’s statistics showed that more than 36.3 million passengers used trains within cities. Riyadh Metro topped the list with over 25.2 million passengers, followed by the Automated People Mover at King Abdulaziz International Airport in Jeddah with more than 10.2 million passengers, and the Automated People Mover at Princess Nourah bint Abdulrahman University in Riyadh with over 967,000 passengers,” the SPA report stated. 

Intercity rail services carried over 2.7 million passengers, led by the Haramain High-speed Railway with 2.07 million travelers. The North Train served 251,000 passengers, while the East Train handled 378,000, reflecting continued strong demand for long-distance travel. 

“The authority also noted that more than 4.09 million tons of cargo and over 227,000 containers were transported via railways, underscoring the vital role trains play in supporting the Saudi economy and boosting supply chains, particularly in the industrial and mining sectors,” according to SPA. 

The data was released as Riyadh hosts the Saudi International Railways Exhibition and Conference 2025. 

During the event, Transport and Logistics Minister Saleh Al-Jasser, who also chairs the Saudi Railways Co., reviewed investment opportunities and major rail projects underway across the Kingdom. 

He said modern railway transport has become a key driver of development and a vital contributor to the national economy.  

Al-Jasser added that the sector supports trade and mining, enhances sustainable transport options, strengthens logistics and mobility, and helps improve quality of life while advancing environmental goals, preserving road infrastructure, and improving traffic safety.