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RIYADH: ��������’s Tadawul All Share Index gained 26.37 points, or 0.23 percent, on Monday to close at 11,619.82, with total trading turnover reaching SR5.35 billion ($1.42 billion). Of the stocks, 100 advanced while 150 retreated.

In contrast, the Kingdom’s parallel market, Nomu, fell 216.48 points, or 0.86 percent, to close at 24,822.88, with 37 stocks rising and 47 declining. The MSCI Tadawul Index rose 3.06 points, or 0.2 percent, to finish at 1,511.49.

Rasan Information Technology Co. was the day’s best performer, jumping 6.39 percent to SR109.90. The company also reported interim results for the nine months ending Sept. 30, posting a net profit of SR157.3 million, up 186 percent from the same period last year.

The increase was driven by strong revenue growth, higher gross and operating margins, improved operational efficiency, and optimized contract-related procedures.

Other top performers included Saudi Kayan Petrochemical Co., which rose 5.69 percent to SR6.13 despite reporting a net loss of SR1.6 billion for the first nine months, widening from SR1.1 billion a year earlier due to lower average selling prices, and Maharah Human Resources Co., which gained 5.07 percent to SR5.60.

Among the biggest decliners, Saudi Industrial Development Co. fell 3.04 percent to SR33.20, while Alkhorayef Water and Power Technologies Co. lost 2.91 percent to SR150.00, and LIVA Insurance Co. dropped 2.82 percent to SR13.79.

Meanwhile, Saudi Ceramic Co. reported a net profit of SR140 million for the first nine months of 2025, a 1,414 percent increase from the same period last year, largely due to an insurance compensation of SR120 million and a SR55.7 million rise in gross profit supported by higher sales and improved margins. Despite this, the stock ended the session slightly lower at SR31.30, down 0.39 percent.

JEDDAH: A new computer operating system that responds to voice commands instead of clicks from ��������’s Public Investment Fund-backed AI firm Humain is set to debut this week, revealed a senior executive. 

The startup said its new product, Humain 1, is designed as a potential alternative to icon-based systems like Windows or macOS that have dominated personal computing since the mid-1980s, Reuters reported, citing a company spokesperson. 

This comes as �������� is using artificial intelligence to boost innovation and economic growth in key sectors such as healthcare, finance, and logistics. The country is also investing in research and development to strengthen its position as a regional hub for AI and support its shift toward a knowledge-based economy. 

“Rather than looking at icons where you click for discrete applications, now you (...) speak your intent,” Reuters quoted Humain CEO Tareq Amin as saying at the FortuneGlobal Forum in Riyadh. 

The AI company aims to be the first to officially launch such a system, even as other firms develop similar products. It also plans to build approximately 6 gigawatts of data center capacity. 

Launched in May under the Public Investment Fund and chaired by Crown Prince Mohammed bin Salman, Humain focuses on developing advanced Arabic language models and large-scale AI infrastructure. 

It aims to position �������� as a global AI leader by the end of the decade, fostering local innovation, generating intellectual property, and attracting top international AI talent and investment. 

A Humain spokesperson told Reuters that “the company started developing the new operating system shortly after it launched in May and has been testing it internally for payroll and human resources systems.” 

On Oct. 26, Humain signed a strategic partnership with the FII Institute to advance human-centric AI innovation through thought leadership. 

The partnership comes ahead of the 9th edition of FII Institute’s flagship conference, FII9 in Riyadh, where Humain was set to unveil a series of major product and partnership announcements, including its new operating system. 

Earlier in October, Humain signed a strategic framework agreement with center3, a regional digital infrastructure company owned by stc Group.

The partnership aims to provide advanced connectivity services to support the company’s efforts to build �������� into a global AI hub. 

Under the agreement, Humain will use center3’s infrastructure to ensure reliable national and international network connections — a key step in developing the Kingdom’s full-stack AI ecosystem. 

In August, the company introduced Humain Chat, an Arabic AI app trained on what the firm says is the world’s largest Arabic-language dataset.

The app is the first product in the firm’s AI suite and is powered by Allam 34B, an Arabic model developed in �������� by local engineers. .