Technology, regulatory and cost factors to drive green transportation developments, say IEAA conference panelists

RIYADH: Saudi Arabia’s Tadawul All Share Index on Sunday lost 101.52 points — or 1 percent — to close at 10,051.78, extending last week’s 3.8 percent fall. 

While MSCI Tadawul 30 Index fell 12.43 points to 1,371.41, the parallel market Nomu dropped 0.79 percent to 18,967.99. 

TASI’s total trading turnover of the benchmark index was SR2.77 billion ($740 million) as 37 stocks of the listed 224 advanced and 179 receded. 

Among sectoral indices, 18 of the 21 listed on the stock exchange declined, while three gained. 

The Diversified Financials Index witnessed heavy selling as the sector shed 204.07 points to 4,057.15. 

Tihama Advertising and Public Relations Co. took the worst hit as its share price plunged 6.81 percent to SR61.60. 

Other prominent losers were Thob Al Aseel Co., Rabigh Refining and Petrochemical Co., Arabian Cement Co. and Saudi Tadawul Group Holding Co. 

Saudi Tadawul Group Holding Co. reported a 28 percent decline in net profit after zakat and tax to SR424.6 million in 2022 from SR587.7 million in 2021. 

In a statement to the stock exchange, the group said that its operating expenses increased 16.6 percent to SR644.3 million in 2022 due to a rise in salaries and related benefits.  

Operating revenue declined 8.1 percent to SR1.07 billion in 2022 from SR1.16 billion in 2021.  

Earnings per share reduced to SR3.54 in 2022 from SR4.9 in the year-ago period. 

Tadawul Group’s board of directors recommended a 23.1 percent cash dividend, or SR2.31 per share, for 2022, totaling SR277.13 million. Its share price fell 4.7 percent to SR150.20. 

Middle East Healthcare Co., also known as Saudi German Health, on the other hand, was the topmost gainer as its share price shot up 9.96 percent to SR29.80 after its outstanding financial results. 

The company reported a 337 percent surge in 2022 net profit after zakat and tax of SR75.2 million from SR17.2 million in 2021. 

The profit spike was spurred by an increase in the number of patients in outpatient and inpatient clinics, higher revenue due to the revised prices with major customers, accreditation and case mix, and better efficiency due to the ramp-up of new facilities. 

In the fourth quarter of 2022, the healthcare services provider achieved a net profit of SR33.2 million against a net loss of SR18.39 million in the year-ago period. 

Astra Industrial Group’s share prices also jumped 7.68 percent to SR60.30, its highest level since May 2014 

On the announcements front, Saudi Ceramic Co. also reported a decline of 26 percent in net profit to SR173.9 million in 2022 from SR233.8 billion a year earlier. 

The profit decline is attributed to a slight decrease in sales and an increase in the cost of production inputs, affecting profit margins.  

The company reported an 11 percent decline in net profit to SR41.9 million in the fourth quarter of 2022 from SR47.1 million in the year-ago period. Its share price fell 2 percent to SR29.35. 

On Sunday, the board of National Environmental Recycling Co., also known as Tadweeer, recommended on

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Comcast brokers mistakenly reject some poor folks who qualify for no cost World-wide-web

A Comcast gateway modem-and-router device labeled with the Xfinity brand name.
Enlarge / Comcast’s xFi State-of-the-art Gateway.

Getty Photographs | Jeff Fusco

People with very low incomes can get free of charge Online service as a result of Comcast and a governing administration method, but signing up is occasionally more durable than it really should be due to the fact of confusion in Comcast’s customer provider department.

Massachusetts resident Tonia Williams skilled for the US government’s Affordable Connectivity Software (ACP), which delivers $30 every month special discounts, and for Comcast’s Online Necessities Plus, a $30 every month provider for minimal-profits persons that is fundamentally free of charge when merged with the ACP lower price. But when she attempted to use the ACP discounted with Comcast’s low-cash flow support, Comcast incorrectly instructed her she wasn’t suitable mainly because she was currently a Comcast buyer.

Williams, a accredited nursing assistant who was not working when she spoke to Ars, was ultimately equipped to get free of charge home Web provider for her relatives. But she confronted a number of hassles and reported she would have presented up if it hadn’t been for David Isenberg, a Falmouth resident who’s been aiding small-revenue men and women in his city navigate the method. Isenberg understood Williams simply because she was earlier a dwelling health and fitness aide getting treatment of Isenberg’s wife’s uncle.

“I would have supplied up if it wasn’t for David pushing me,” Williams advised Ars in a mobile phone job interview in November. “It’s these types of a run-all over, and you have to sit and wait on hold. A good deal of folks don’t have time to sit on the telephone for that long and then be explained to, ‘Well, you never qualify.’ If you will not actually know what the support is or how to get it, I would have just considered them, that I did not qualify.”

Three candidates wrongly turned down at initially

Isenberg contacted Ars in late Oct just after supporting Williams and two other people get the price reduction. All three had been incorrectly advised they didn’t qualify when they to start with tried using to enroll, Isenberg said.

The confusion is related to a Comcast rule that will make consumers ineligible for World wide web Necessities very low-revenue assistance if they have been a Comcast subscriber in the previous 90 days. That rule and a further one particular associated to unpaid charges are not supposed to apply to persons who also qualify for the federal ACP method.

“If a purchaser qualifies and enrolls in ACP with Comcast, the 90-day and exceptional debt eligibility limitations do not apply for the period of ACP,” a Comcast FAQ suggests.

But with the to start with a few folks Isenberg assisted, “Comcast to begin with informed these current shoppers that current prospects do not qualify,” he claimed.

Not every applicant faces the exact same dilemma, as Isenberg afterwards assisted enroll a single person who was not improperly turned down. He also read from yet another applicant who

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United states Internet marketing Execs Announces Big Cost savings For New Prospects On World wide web Style and design Northern Virginia Companies

Arlington, VA – United states of america Advertising Pros, a person of the best online advertising businesses in Arlington, VA, has declared their enormous discounts price reduction for all new buyers. All new customers selecting their web site style and design products and services will love a 25% lower price on the company. The bundled marketing bundle will afford their new buyers the prospect to strike the floor operating as they build a sturdy on the internet presence for their brand and business enterprise.

Asserting the 25% web style providers for new customers, the world-wide-web advertising agency’s spokesperson mentioned: “Did you know that 75% of buyers have judged a company’s trustworthiness dependent on its web-site layout? Your web page is the initially detail a human being sees when they take a look at your business on-line. It need to be straightforward to use and have a fashionable seem that represents your firm. Simply just place, your website desires to act as a sales agent doing the job all-around the clock delivering qualified prospects to your company. We style web sites that draw in extra consumers and improve all your digital internet marketing initiatives. All our sites have crafted-in Web optimization, load rapidly, responsive, and look excellent on mobile devices.”

New consumers who select United states Internet marketing Professionals will be receiving a responsive layout that is excellent for their shoppers on all platforms, irrespective of whether mobile, desktop, or tablets. In addition, the team will also take care of the written content development approach to give the client web-site the suitable edge for conversion optimization. Their crew of expert content writers will fill the web-site with professionally written texts that mirror the client’s model voice and tone although also speaking to the audience. Enterprise house owners who have to have a turn-key site can leverage the agency’s managed internet hosting alternative to hold their internet site protected and routinely managed. Reserve Your Place to choose gain of the special low cost provide.

Company house owners who need added enable can Study much more about United states of america Internet marketing Execs and the huge array of online marketing solutions they provide via their site. The agency presents search engine optimization solutions aimed at pushing models and enterprises to the prime of lookup engine final result webpages. They also present reputation management services, paid out advertising and marketing options, immediate mail solutions, video production, and social media management expert services.

United states Advertising Execs is found at 701 12th St S, Arlington, VA 22202, US but can be attained by means of cellphone at 202-888-5895 to explore the particulars of the discounted present. For a lot more data, take a look at their internet site.

Media Call

Firm Identify
United states of america Internet marketing Execs
Make contact with Name
Tim Sumer
701 12th St S
Point out
Postal Code
United States
Web page

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