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RIYADH: ��������’s Tadawul All Share Index closed lower on Monday, slipping 52.72 points, or 0.46 percent, to end at 11,483.57. 

The total trading turnover of the benchmark index reached SR6.11 billion ($1.63 billion), with 58 stocks advancing and 198 declining. 

The Kingdom’s parallel market Nomu also edged down 0.88 percent to 24,725.15, while the MSCI Tadawul Index fell 0.39 percent to 1,492.48. 

The best-performing stock on the main market was Bawan Co., as its share price increased by 3.64 percent to SR57. 

Shatirah House Restaurant Co. gained 3.55 percent to SR16.61, while Raoom Trading Co. advanced 3.47 percent to SR62.70. 

Conversely, shares of Elm Co. fell 8.6 percent to SR850, making it one of the session’s biggest decliners. 

On the announcements front, ACWA Power reported that its net profit for the first nine months of 2025 rose 2.01 percent year on year to SR1.28 billion. 

In a Tadawul statement, the utility giant attributed the steady growth to higher gross profit, lower development costs, reduced provisions and write-offs, and increased operating income. 

The company added that its third-quarter net profit climbed 13.12 percent year on year to SR371.16 million. However, its share price dropped 4.81 percent to SR235.60. 

Meanwhile, Alinma Bank announced plans to issue dollar-denominated Tier 2 sukuk under its Trust Certificate Issuance Program. 

In a Tadawul filing, the bank said the issuance would be carried out through a special purpose vehicle and offered to eligible investors in �������� and abroad.

Alinma noted that proceeds from the issuance would be used for general banking purposes, with the amount and terms determined based on market conditions.

Shares of Alinma Bank inched up 0.15 percent to SR25.92. 

RIYADH: Qatar’s ports handled 216,466 tonnes of general and bulk cargo in October, marking a 43 percent year-on-year increase, official data showed.

Qatar Ports Management Co., or Mwani Qatar, said on its official X account that the total number of containers handled reached about 119,000 twenty-foot equivalent units, or TEUs, while the number of cars and equipment handled exceeded 9,500 units.

The data further indicated that 245 ships called at the country’s ports during the month. In addition, 11,362 tons of building and construction materials were handled, along with 7,682 head of livestock.

The latest results reflect continued growth momentum after Mwani Qatar achieved significant milestones in 2024, reinforcing the nation’s position as a key regional hub for logistics and trade — in line with Qatar National Vision 2030 and the Ministry of Transport’s strategic goals. 

Operationally, the company’s ports recorded a 10 percent increase in container handling last year, rising to 1.45 million TEUs in 2024 from 1.33 million in 2023, according to its annual report.

In terms of safety and sustainability, the company received several international recognitions in 2024, including the International Safety Award and the Globe of Honor for environmental excellence from the British Safety Council, underscoring its commitment to workplace safety and environmental stewardship. 

Hamad Port also achieved a major sustainability milestone by becoming the first port in the Gulf region to obtain the globally recognized Port Environmental Review System certification from EcoPorts. This underscores the port’s leading role in advancing sustainable maritime practices and supporting a greener future for Qatar and the wider industry. 

Mwani Qatar oversees the country’s seaports and shipping terminals but plays a broader role in developing Qatar’s maritime infrastructure. Through the expansion of Hamad Port, the company is strategically positioning Qatar as a key regional shipping hub while contributing to the diversification of its gas-based economy in the post-hydrocarbon era. 

In addition to managing quays, dry ports, and container terminals, Mwani Qatar provides services including navigation support, pilotage, towage, Aids to Navigation, as well as cargo handling and storage. It continues to invest in upgrading port facilities and services to meet international standards and enhance operational efficiency.