At the close of 26/08/2026, the Tadawul All Shares Index(TASI.SA) rose by 0.25%, closing at 11259.9 points; the Parallel Market Capped Index (NomuC)(NOMUC.SA) rose by 0.93%, closing at 21823.53 points.

US stocks edged lower after July PCE inflation exceeded expectations, rising 3.7% year on year and 0.2% month on month. The Dow Jones Industrial Average(DJI.US) fell 0.21% to 53,463.88, the NASDAQ(IXIC.US) slipped 0.08% to 26,130.20, and the S&P 500 index(SPX.US) declined 0.02% to 7,675.70.

Saudi Fintech Industrial Lending Jumps 130%

Saudi fintech lending to industrial projects surged 130% year on year to SAR541 million in H1 2026, the Ministry of Industry and Mineral Resources said. Partnerships expanded from three to seven fintech firms, providing manufacturers with flexible working capital, invoice financing, and expansion funding to support production and growth.

Saudi Holy Cities Outpace Hotel Markets: JLL

Real estate consultancy JLL said religious and domestic tourism bolstered Saudi hotels despite a 5%-7% decline in tourism through May 2026. Through June, Makkah occupancy rose 6.3 percentage points to 68.2%, with RevPAR up 8.7%, while Madinah led at 75.1%. Riyadh occupancy fell 16.3 points to 47.6% as corporate demand weakened and supply grew.

Trump: No Timetable for Iran Talks

President Donald Trump said he had no timetable and was in no hurry for Iran to return to negotiations, Al Jazeera reported. He said US pressure was delivering major gains as Iran faced severe inflation and economic collapse, adding that economic and military pressure were both effective. Iranian President Masoud Pezeshkian countered that US economic pressure would fail, ISNA reported.

KSA Stocks

MIS Renews SAR2 Billion Credit Facilities

Al Moammar Information Systems Co.(7200.SA) renewed and amended Shariah-compliant credit facilities worth SAR2 billion with Al Rajhi Bank(1120.SA). The agreement, approved Aug. 26, runs through Aug. 31, 2027. The facilities will finance projects and are secured by promissory notes of equal value. No related parties are involved.

ACIG Amends Diar Al-Arabia Subscription Deal

Allied Cooperative Insurance Group(8150.SA) amended its subscription agreement with Diar Al-Arabia, setting the deadline for conditions at five business days after shareholder approval. Diar Al-Arabia will subscribe to 900,000 new shares for SAR9 million, raising capital to SAR 300 million to meet regulatory requirements.

Najran Cement Shareholders Approve Board Delegation

Najran Cement Co.(3002.SA) shareholders approved the 2025 auditor’s report and delegated certain Companies Law powers to the board for one year or until its term ends, whichever comes first. The second general assembly meeting was held virtually on Aug. 26 after the first lacked a quorum, with shareholders representing 21.9% of capital attending.

Naseej Shareholders Approve 150% Capital Increase

Naseej International Trading Co.(1213.SA) shareholders approved a SAR163.5 million rights issue to address accumulated losses, settle obligations and support growth. Capital will rise about 150% to SAR272.4 million from SAR109 million through 16.35 million new shares priced at SAR10 each. The proposal received 84.63% approval at the Aug. 26 extraordinary meeting.

USA Stocks

NVIDIA Issues Rare Early Guidance After Earnings Beat

NVIDIA Corporation(NVDA.US) reported FY2027 Q2 revenue of US$96.2 billion, up 106%, while adjusted EPS rose 120% to US$2.22. Data center revenue jumped 117% to US$89 billion, beating estimates. CFO Colette Kress projected FY2028 revenue growth of about 70%, above analysts’ 44% forecast, citing supply constraints despite accelerating demand.

Meta Reaches US$18 Billion Social Media Harm Settlement

Meta Platforms(META.US) agreed to pay up to about US$18 billion to settle US states’ claims that Facebook and Instagram foster compulsive use among young users. The deal requires added safeguards, including limits on continuous browsing and parental consent for disabling certain protections. Up to US$16.7 billion would resolve the core California case.