Most Important News

1. Saudi Q3 GDP Jumps 4.8%, Led by Oil and Non-Oil Sector Growth;
2. Sign World Wins SAR 4.06M Saudi Pro League Stadium Screens Deal;
3. Nvidia Gains Over 2% After Hours on Trump Chip Policy News;

At the close of 8/12/2025, the Tadawul All Shares Index(TASI.SA) decreased by 0.05%, closing at 10625.50 points; the Parallel Market Capped Index (NomuC)(NOMUC.SA) fell by 0.63%, closing at 23911.47 points.

As of Monday’s close, the S&P 500 index(SPX.US) decreased by 0.35%, the NASDAQ(IXIC.US) fell by 0.14%, and the Dow Jones Industrial Average(DJI.US) decreased by 0.45%.

Saudi Q3 GDP Jumps 4.8%, Led by Oil and Non-Oil Sector Growth

Saudi Arabia’s GDP rose 4.8% year-on-year in Q3 2025, driven by 8.3% growth in oil activities and 4.3% in non-oil sectors. The results highlight Vision 2030’s progress in diversifying the economy. Exports increased 18.4% and imports 4.3% year-on-year. The World Bank and IMF have both revised up Saudi growth estimates for 2025, citing renewed strength across sectors.

Saudi Arabia Ranks 5th Globally, 1st in Arab World for AI Growth

Saudi Arabia has achieved fifth place worldwide and top ranking in the Arab region for AI sector growth, according to the Global AI Index. Supported by Vision 2030, the Kingdom’s SDAIA-led initiatives have driven data governance, responsible AI deployment, and the training of over 1 million Saudis in AI skills. Recent partnerships include a $3B hyperscale data center project with AirTrunk as part of broader tech investment ambitions.

KSA Stocks

Sign World Wins SAR 4.06M Saudi Pro League Stadium Screens Deal

National Signage Industrial Co.(9645.SA) signed a one-year, SAR 4.06 million contract with the Saudi Pro League to operate and maintain stadium electronic screens for the 2025–2026 sports season. The deal, signed Dec. 8, will boost annual revenue, with no related parties involved.

CGS Wins SAR 166M Project Contract from Aramco Nabors Drilling

Consolidated Grunenfelder Saady Holding Co.(4147.SA) secured a SAR 166 million customized solutions project from Saudi Aramco Nabors Drilling, awarded December 1, 2025. No related parties are involved.

USA Stocks

Nvidia Gains Over 2% After Hours on Trump Chip Policy News

After-hours on December 8 (ET), Trump posted on Truth Social that the US will allow NVIDIA Corporation(NVDA.US) to deliver H200 products to designated customers in China and other countries, provided national security remains intact.

Trump stated that “25% of the proceeds will be paid to the United States,” describing the policy as supportive of US jobs, manufacturing, and taxpayers. He criticized the previous administration for requiring “downgraded” chips and said this new policy will also apply to Advanced Micro Devices, Inc.(AMD.US), Intel Corporation(INTC.US), and other companies. Nvidia’s Blackwell and Rubin chips are not included in this arrangement.

Tesla Drops Over 3% Overnight

Morgan Stanley says that while Elon Musk is eager to transform Tesla Motors, Inc.(TSLA.US) into a robotics and AI company, Tesla’s share price already fully reflects the value of these businesses and is currently at “valuation saturation.”