Most Important News

1. FII 2025: A Turning Point in Global Innovation;
2. Taiba Investments Co. Sees 22.7% Profit Growth in 2025;
3. First Mills Profit Jumps 10% to SAR202.7M in 9M 2025;

At the close of 27/10/2025, the Tadawul All Shares Index(TASI.SA) increased by 0.23%, closing at 11619.82 points; the Parallel Market Capped Index (NomuC)(NOMUC.SA) fell by 0.86%, closing at 24822.88 points. 

As of Monday’s close, the S&P 500 index(SPX.US) increased by 1.23%, the NASDAQ(IXIC.US) rose by 1.86%, and the Dow Jones Industrial Average(DJI.US) increased by 0.71%.

FII 2025: A Turning Point in Global Innovation

The ninth Future Investment Initiative (FII) in Riyadh marks a pivotal shift towards global innovation, with technology leaders comprising over half of the speakers. Richard Attias, FII Institute's executive committee chairman, noted the event's focus on AI and innovation, impacting all sectors. Running from Oct. 27-30, FII gathers global policymakers and investors, emphasizing public-private partnerships as solutions for economic challenges. The event highlights Saudi Arabia's Vision 2030 as a reality, showcasing concrete deals and fostering international collaboration.

UK Eyes Swift Trade Deal with Gulf Nations

UK finance minister Rachel Reeves expressed optimism about securing a trade deal with Gulf countries following productive meetings in Riyadh. Speaking at a Saudi forum, Reeves anticipated the agreement could be finalized soon. Her visit, the first by a UK finance minister in six years, aims to advance talks with the Gulf Cooperation Council. The UK expects the deal to boost its GDP by £1.6 billion annually.

KSA Stocks

 Arabian Pipes Co. Reports Profit Decline in 2025

Arabian Pipes Co.(2200.SA) reported a net profit of SAR 102.4 million for the first nine months of 2025, marking a 34% decrease from SAR 155.7 million in the same period last year. Revenues fell by 24.8% to SAR 736.63 million. The third-quarter net profit dropped 37% to SAR 27.8 million compared to Q3 2024. Sequentially, Q3 profits decreased by 19.3% from Q2 2025. Shareholders’ equity rose to SAR 481.19 million by the end of September 2025, up from SAR 388.84 million the previous year.

Taiba Investments Co. Sees 22.7% Profit Growth in 2025

Taiba Investments Co.(4090.SA) reported a 22.7% increase in net profit to SAR 298.8 million for the first nine months of 2025, driven by a 2.7% rise in revenues to SAR 1.004 billion. The growth was supported by improved business performance and the reversal of certain provisions. In Q3 2025, net profit was SAR 60.4 million, up 1.9% year-on-year but down 43.6% from the previous quarter due to seasonal factors and higher expenses. Shareholders' equity rose to SAR 6.87 billion by September 2025.

First Mills Profit Jumps 10% to SAR202.7M in 9M 2025

First Milling Co.(2283.SA) reported a net profit of SAR202.7M in 9M 2025, up 10% from SAR184.5M last year, driven by a 3.5% revenue rise to SAR807.63M. Q3 profit surged 16.9% to SAR71.7M, supported by a 9.6% increase in quarterly revenues to SAR286.27M. Earnings per share grew 9.9% to SAR3.65 for 9M and 16.9% to SAR1.29 for Q3.

USA Stocks

Qualcomm Enters Data Center AI Chips with Big Memory, Shares Soar

QUALCOMM Incorporated(QCOM.US) unveiled its new AI200 and AI250 inference accelerator chips and rack products, highlighting superior memory capacity and lower total cost of ownership (TCO) compared to competitors, which boosted its stock price. The AI200 card, set for 2026, will support 768GB of LPDDR memory—much higher than Nvidia’s latest GB300 at 288GB of HBM3e. Qualcomm stressed these chips are designed for inference, not training.

iPhone 18 Pro May Get Dual Upgrades: 48MP Sensor with Larger Aperture

On October 27, media reports quoting insiders revealed that both the Apple Inc.(AAPL.US) iPhone 18 Pro and iPhone 18 Pro Max will feature a 48MP telephoto sensor with a larger aperture. While detailed specs are not yet released, the aperture is expected to be at least F/2.0, an improvement over the iPhone 17 Pro series' F/2.2. A lower aperture value allows for more light, which will enhance low-light photography. Additionally, reports say a U.S. judge has dismissed a class action lawsuit against Apple over alleged app marketplace monopoly.