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RIYADH: ��������’s Tadawul All Share Index continued its upward movement for the second consecutive day, as it gained 4.31 points or 0.04 percent to close at 11,596. 

The total trading turnover of the benchmark index was SR5.82 billion ($1.55 billion), with 82 of the listed stocks advancing and 171 declining. 

The Kingdom’s parallel market, Nomu, however, shed 113.94 points or 0.44 percent to close at 25,689.28. 

The MSCI Tadawul Index edged up by 0.25 percent to 1,510.45. 

The best-performing stock on the main market was Abdullah Saad Mohammed Abo Moati for Bookstores Co. The firm’s share price increased by 4.97 percent to SR49.80. 

The share price of Al Mawarid Manpower Co. rose by 4.38 percent to SR138.10. 

Rabigh Refining and Petrochemical Co. also saw its stock price climb by 4.37 percent to SR8.59.

Conversely, the share price of Naseej International Trading Co. declined by 8.25 percent to SR71.15. 

Fawaz Abdulaziz Alhokair Co., also known as Cenomi Retail, also saw a decline with its share price dropping by 3.69 percent to SR25.04. 

On the announcements front, Balady Poultry Co. said that it signed two land lease agreements with ��������’s Ministry of Environment, Water and Agriculture for a period of nineteen Hijri years — approximately 18 years and 6 months.

Under the contract, the company secured two land plots in Wadi Al-Dawasir, Riyadh, spanning an area of 27.7 million meters and 23 million meters, for an annual rent of SR222,619 and SR190,274, respectively.

Through this investment, the firm aims to ramp up the production of broiler chickens, with most barns expected to be dedicated to the production of heavy-weight broiler chickens. 

Balady Poultry Co. said that the move aligns with the firm’s wider strategy to expand the poultry business with investments exceeding SR1.14 billion. 

The company added that the investment will achieve a good rate of return that will be positively reflected on the company’s financial statements once the facilities start operations. 

The share price of Balady Poultry Co. edged up by 1.64 percent to SR154.50. 

JEDDAH: ��������’s business landscape is expanding at a record pace, with commercial registrations surpassing 1.7 million by the end of the third quarter of 2025, data from the Ministry of Commerce showed. 

The ministry’s Business Sector Bulletin showed that over 128,000 new commercial records were issued in the three-month period.  

The report highlighted that institutions accounted for more than 1.2 million registrations, a 21 percent rise over the past five years. The number of limited liability companies climbed to 502,000, marking an increase of 158 percent, while joint-stock company registrations reached 4,488, up 49 percent from 2020. 

The surge highlights ��������’s drive to improve ease of doing business and diversify its economy under Vision 2030, supported by reforms such as the new Commercial Register and Trade Names laws.

It streamlined procedures by eliminating subsidiary registers and city-based requirements, making a single registration valid nationwide. 

In the bulletin, the ministry “highlighted developments in promising sectors, noting growth in commercial registrations in activities such as video game development and production, augmented reality technologies, logistics, e-commerce, and other industries aligned with ��������’s Vision 2030.”  

Total e-commerce commercial registrations by the end of the third quarter reached 41,816, marking a 5 percent growth compared with the same period last year, when total registrations stood at 39,769. 

Registrations in virtual and augmented reality technologies surged 59 percent by the end of the third quarter of 2025, reaching 10,492 compared with 6,597 in the same period in 2024. 

The video gaming industry grew to 614 licenses by the third quarter, marking a 102 percent increase compared with the same period in 2024. Riyadh and Makkah recorded the highest numbers, with 290 and 166 licenses, respectively. 

App development licenses rose 45 percent, reaching 20,973 in the third quarter compared with 14,452 registrations in the same period last year. Riyadh led with 12,762 licenses, followed by Makkah with 4,205 permits. 

Registrations for recreation centers increased 40 percent, reaching 6,965 compared with 4,942 during the same period in 2024. Most of these licenses were issued in Riyadh and Makkah, with 3,058 and 1,890 licenses, respectively. 

Moreover, the hospitality sector grew 91 percent in the same quarter, reaching 11,987 licenses compared with 6,262 in the same period in 2024. Makkah led the cities with 4,462 registrations, followed by Riyadh with 4,317. 

The exhibitions sector recorded notable growth, with active registrations rising 43 percent by the end of the third quarter. The sector reached 26,372 registrations, up from 18,443 in the same period in 2024. Riyadh came first with 13,813 registrations, while Makkah registered 6,873 licenses. 

Licenses for logistics services increased 49 percent to reach 22,290 registrations, compared with 14,880 during the same period in 2024.