Business
Saudi projects seek to boost water storage and cut energy use in Riyadh
By Katherine Langford
Closing Bell: Saudi stock market rise gaining 0.37% to close above 10,000
Marcus Chen
Marcus Chen
Managing Editor · St. Paul, MN
Marcus manages the day-to-day editorial workflow across all brands, coordinating coverage assignments and ensuring editorial standards are met. He previously served as city editor at the Pioneer Press and holds a degree in Political Science from Carleton College.
More from Marcus →Managing Editor · Wednesday, October 28, 2026 at 2:32 PM · 1 min read
Saudi Arabia's Tadawul All Share Index increased by 37.02 points, or 0.37%, closing at 10,023.47, with over 348 million shares traded worth approximately SR5.22 billion. BinDawood Holding Co. and Arabia Insurance Cooperative Co. led the gainers with 10% increases, while Qassim Cement Co. was the top decliner, falling 5.48%. Additionally, Acwa announced a $478 million desalination project in Dubai, highlighting ongoing investment activities.
Up nextSaudi projects seek to boost water storage and cut energy use in RiyadhBusiness · 1 min read
