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Finance & Markets

Al Kathiri Holding Losses Surge 152% on Revenue Collapse

Riyadh, Saudi Arabia — Al Kathiri Holding posted a net loss of 43.89 million SAR for the nine months ending September 30, 2026, a 151.67% deterioration from the 17.44 million SAR loss recorded in the same period last year. Revenue collapsed 58.82% to 77.73 million SAR, down from 188.75 million SAR a year earlier. The […] The post Al Kathiri Holding Losses Surge 152% on Revenue Collapse appeared…

We haven't written up this one. The Saudi Standard has the full story — the link below goes straight to it.

Read the original at saudistandard.com →

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First Avenue Seeks Move to Main Market TASI

Riyadh, Saudi Arabia — First Avenue for Real Estate Development Company’s board resolved on November 10, 2026, to pursue a transfer from the Parallel Market (Nomu) to the Main Market (TASI).

  • First Avenue seeks transfer from Parallel Market to Main Market on November 10, 2026
  • Move aims to expand investor base and meet TASI listing standards
  • Board resolution for upgrade process dated 30/05/1448H

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