Knowledge City Drives Market Gains

The share of Madinah Knowledge Economic City recorded a 9.99% increase in the Saudi Stock Market, trading at 14.53 riyals compared to 13.21 riyals in the previous session, achieving gains of 27.15% since the beginning of the year. This rise was supported by positive disclosures, most notably the company's signing of an agreement to develop the "Al Multaqa Residence" project, with an estimated cost of 2.6 billion riyals. The stock underwent 2,464 transactions involving 3.91 million shares, with a total trading value of approximately 56 million riyals.

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